William H. Brown says ..

Property Oracle says ..

The property is a 2 bedroom flat located in Fairstead, King’s Lynn. The flat is in a modern development and appears to be well maintained, based on the provided images. The interior is clean and presented in good order. The kitchen and bathroom are modern and functional. The property benefits from a balcony offering views over the surrounding area.

Considering the location, the property is within reasonable distance of local schools, including Fairstead Community Primary and Nursery School (rated ‘Good’ by Ofsted), and is approximately 3.32km from King’s Lynn railway station. The proximity to amenities and transport links is a positive aspect. However, the lack of plot size is a notable drawback, as there is no garden.

The list price of £125,000 is significantly below the average house price in the area (£265,511). However, the average price per square foot is £302, and this property is 750 sqft. This would suggest a price of approximately £226,500. The significantly lower list price may reflect the lack of outdoor space and the fact it is a flat, rather than a house. However, compared to other nearby flats on Clement Attlee Way and Fred Ackland Drive, the price is in line with similar properties.

Based on the provided information, the property appears to be a reasonable purchase for a first-time buyer or investor seeking a modern, well-maintained flat in a convenient location. The lack of outdoor space and the significantly lower price than the average house price in the area are key factors to consider.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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