Parsons & Co says ..

Property Oracle says ..

This property is a one-bedroom flat located on Station Road in Reepham, Norfolk. The location is convenient, with nearby primary and secondary schools rated as “Good” by Ofsted. While specific transportation details are unavailable, Reepham is a small town, and walking or cycling may be feasible for many local needs. The property itself is a traditional brick building, and the interior photos suggest it is in fair condition but could benefit from some modernisation. The kitchen and bathroom appear functional but dated. There is a small, enclosed rear garden with a shed. The list price of £130,000 is significantly lower than the average house price in the area (£308,929), but this difference is likely due to the property type (flat) and its smaller size (482.65 sqft compared to the average of 772 sqft). The average price per sqft in the area is £400, suggesting the list price may be slightly undervalued, but not excessively so, given the condition and lack of modern amenities. Nearby comparable properties range in price from £124,000 to £189,000 for terraced houses, supporting the idea that the list price is within a reasonable range for this type of property in this location.

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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