Cornerstone Residential says ..

Property Oracle says ..

This houseboat is located in Melton, East Suffolk, and is on the market for £155,000. The property is situated on the River Deben and benefits from being close to Melton train station (0.80 km) and Melton Primary School (0.38 km). The houseboat itself appears to be in good condition, with a recently updated kitchen and bathroom. It has two bedrooms and one bathroom. The interior is well-presented and has a nautical theme. However, the lack of plot size is a significant drawback, as is the fact that it is a houseboat and therefore lacks the security and stability of a traditional property. The average house price in the area is significantly higher than the asking price of this property, but this is not unexpected given the unique nature of the property. The price per sqft is lower than the average for the area, but again this is to be expected given the lack of land.

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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