Hardimans Estate Agents says ..

Property Oracle says ..

Lake View Road is located in Oulton Broad, East Suffolk. The property is a 3 bedroom, 2 bathroom house with 1,184.03 sqft of living space. The list price is £315,000.

The property appears to be in excellent condition based on the provided photos. The interior is modern, recently renovated, and well-maintained. The kitchen and bathrooms are particularly striking, showcasing high-quality fixtures and finishes.

The property benefits from a garden, providing outdoor space. While the plot size is not specified in square footage, the images show a relatively small but well-maintained garden area with direct access to the water. This is a significant advantage, offering pleasant views and potential recreational opportunities.

Considering the average price in the area is £274,097 and the average price per sqft is £293, this property, at £315,000, is priced slightly above average. However, its excellent condition, modern updates, and the unique feature of a waterside garden justify the higher price point. Nearby comparable properties on Lake View Road support this assessment, with prices ranging from £310,000 to £425,000, although sqft data for these properties is unavailable. The property represents good value given its condition and location. The proximity to the water and the marina regeneration project, as evidenced by nearby listings, suggest that the property’s value may appreciate further in the future.

The location is desirable, offering proximity to Oulton Broad, its amenities, and transport links. The nearby train station offers convenient access to other parts of the UK. Several schools within a reasonable distance are rated ‘Good’ or ‘Requires Improvement’ by Ofsted. The area appears to be a mix of residential and commercial properties.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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