ClaxtonBird says ..

Property Oracle says ..

This two-bedroom, one-bathroom property in Eaton, Norwich is listed at £250,000. The property’s location is a key strength, offering proximity to well-regarded schools such as Colman Infant School and The Clare School, both rated ‘Outstanding’ by Ofsted. Norwich city centre is also within reasonable distance, providing access to further amenities and transport links, including Norwich train station. The property itself is a traditional brick terraced house, requiring a degree of modernisation. The interior photographs show a need for cosmetic and some structural updates, including redecoration, kitchen and bathroom upgrades, and general maintenance. The small rear garden offers a modest outdoor space. In comparison to other properties on Melrose Road, the list price seems competitive. However, a lack of detail regarding square footage for comparable properties makes a definitive valuation difficult. The property would be suitable for a buyer looking to undertake a refurbishment project, offering potential for increasing the property’s value once updated and fully furnished. However, buyers should be realistic about the work required, taking into account the necessary costs associated with a full refurbishment or modernization project. Therefore, potential buyers should consider the additional cost of renovation and carefully assess whether this property aligns with their budget and renovation capabilities. This would then give the buyer a more accurate picture of the overall cost and would enable a more informed decision to be made.

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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