ScottBeckett says ..

Property Oracle says ..

The property is a terraced house with two bedrooms and one bathroom, situated in Western Felixstowe, East Suffolk. The list price is £185,000, and the property has a size of 600 sqft. The average house price in the area is £252,221, with an average size of 794 sqft and an average price per sqft of £317. The property benefits from a relatively small rear garden, enclosed by wooden fencing. There is also access to a garage. The location appears to be reasonably convenient, with nearby schools and several train stations within a reasonable distance. However, more detailed information on the quality of local schools and amenities would be necessary for a more comprehensive location assessment. Images of the property suggest that it is in need of some modernisation and updating. The flooring in several rooms shows signs of wear, and the kitchen and bathroom appear dated. A full refurbishment would likely improve the property’s overall condition and desirability. Given the property’s condition, the relatively small plot size, and its location, the list price of £185,000 appears to be at the lower end of the market value for the area. However, the need for significant modernisation and refurbishment should be considered when evaluating the property’s value for money. The average price per sqft in the area is significantly higher than that implied by the list price, suggesting that the property may be undervalued, but the required renovations should be factored in.

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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