Aldreds says ..

Property Oracle says ..

This property is a 2-bedroom, 1-bathroom terraced house located on Burnt Lane in Gorleston, Great Yarmouth. The property is listed at £140,000 and has a floor area of 560 sqft. The property benefits from a small, enclosed rear garden. While the plot size is listed as 0.00 sqft, the images show a garden area of modest size. This is a positive feature for potential buyers. The property appears to be in need of some modernisation. The interior decor is dated, and some updating would likely enhance its appeal. The kitchen and bathroom appear functional but are not modern. The property shows signs of wear and tear consistent with a property needing some renovation. The location is reasonably convenient, with several schools within a kilometre radius, although their Ofsted ratings vary. The proximity to Great Yarmouth (2.87km) provides access to transport links. However, the surrounding area’s average property prices are higher than the list price of this property. Specifically, the average price per sqft in the area is £200, and this property is priced lower than the average for the area. Nearby comparable properties are listed at higher prices, suggesting this property may be undervalued. Considering the condition, location, and land, the list price of £140,000 appears to be competitive, potentially even representing good value for money, given the lower average price per sqft. However, the need for modernisation should be factored into any offer.

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