Pocock & Shaw says ..

Property Oracle says ..

The property is a detached house located in Ely, Cambridgeshire. The asking price is £750,000. Based on the provided images, the property appears to be in good condition and has undergone some modernisation. The kitchen and bathrooms are modern and well-maintained. The property also benefits from a conservatory and what appears to be a substantial garden. The location is rural, situated on the banks of a waterway. While this offers tranquility and scenic views, it’s important to note the relative distance to amenities such as schools and shops. The nearest schools are several kilometers away in Littleport, and the closest train stations are also a considerable distance. The property’s remoteness might appeal to some buyers but could be a drawback for others. The plot size is significant, providing ample land, which is a considerable asset. The presence of stables and an equestrian area further enhances this aspect. Considering the average price per square foot in the area (£678) and the property’s size (1,826.64 sq ft), a rough estimate of the property’s value would be around £1,238,000. However, the average house price in the area is higher (£1,202,316), and the nearby comparable properties are significantly lower in price. The list price of £750,000 seems considerably lower than these estimates, suggesting it might represent good value for money, especially considering the substantial land included. However, the lack of information on the condition of the outbuildings and the need for further investigation into the overall condition of the property and land makes it hard to definitively say.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images