haart says ..

Property Oracle says ..

This two-bedroom terraced house in Bury St Edmunds, Suffolk, presents a mixed bag. Located on Peckham Street within the Abbeygate locality, it benefits from its proximity to the town centre and train station, making it convenient for commuters and access to amenities. Nearby schools are also within reasonable walking distance, a plus for families. However, the available information on the immediate surroundings of Peckham Street is limited, preventing a fuller evaluation of the location’s desirability.

The property itself shows signs of age, with dated interiors and carpeting visible in the photos. While seemingly structurally sound and habitable, it would likely benefit from some modernisation to enhance its appeal and value. The kitchen and bathroom, while functional, appear dated and could use updating. The small rear garden offers some outdoor space but is not extensive.

The list price of £195,000 needs to be considered in the context of the local market. While comparable properties on Peckham Street have sold within a similar range, the lack of precise square footage data for these comparisons makes a definitive statement on value difficult. The property’s condition, requiring some modernisation, also needs to be factored into the price assessment. A detailed survey and valuation by a qualified surveyor would provide a more accurate assessment of the property’s market value.

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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