AbbotFox says ..

Property Oracle says ..

This property in North Walsham presents a unique opportunity combining commercial and residential space. The ground floor appears to be a shop unit which could generate income and benefits from a high street position. The upper floors comprise a two-bedroom duplex apartment. The exterior of the building looks well maintained, with attractive features such as flower boxes. The interior images show the residential part needs some modernisation or updates to appeal to a broader range of buyers. The lack of outdoor space is a significant factor. While there is proximity to schools, transportation (North Walsham Train Station is nearby), and various amenities in North Walsham, the exact advantages of the commercial component and its potential income should be further investigated. The lack of plot size information and a detailed description of the apartment could limit buyer appeal. Overall, the property could represent a good investment for someone seeking a combined commercial and residential property, but requires further due diligence to determine its true market value. Further investigation into the profitability of the commercial component of the property would be essential when considering the purchase price. For a potential residential buyer, the need for some updates and the lack of land could be downsides.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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