Pymm & Co says ..

Property Oracle says ..

This property is a terraced house located on Connaught Road in the Suffield Park area of Cromer, North Norfolk. It has two bedrooms and two bathrooms, and a total area of 807.29 sqft. The plot size is 836.36 sqft. The list price is £225,000. Location: Cromer is a popular coastal town in North Norfolk, known for its beautiful beaches and vibrant town centre. Suffield Park is a residential area within easy reach of local amenities, including shops, schools, and transportation links. The proximity to the train station at Roughton Road (1.19km) and Cromer (2.04km) is a positive aspect for commuters. Several schools are within a reasonable distance, including Suffield Park Infant and Nursery School (0.27km) and Cromer Academy (0.60km), both rated as ‘Good’ by Ofsted. This contributes to a positive location score. Condition: The property appears to be in generally good condition, although some modernisation may be desirable. The interior photographs show a property that is habitable but could benefit from some updating to kitchens and bathrooms. The property shows signs of age, but it is not in disrepair. The garden is relatively small but well-maintained. Land: The property includes a small, enclosed rear garden, which is a desirable feature for many buyers. While not expansive, it provides outdoor space. Price: The average house price in the area is significantly higher (£343,073) than the list price of this property (£225,000). The average price per sqft is £273. However, this property is smaller than average (807.29 sqft compared to 1254 sqft), and the condition and location relative to other properties on Connaught Road suggest that the list price may be reasonable. Considering comparable properties on Connaught Road with similar sizes and features that have sold for between £118,500 and £145,000, the list price of £225,000 appears high, but not entirely unreasonable given the desirable location and the presence of a garden. Further investigation into recent sales of comparable properties in the immediate vicinity would be beneficial to fully assess the value.

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

Images