Whittley Parish says ..

Property Oracle says ..

This 2-bedroom cottage on Magdalen Street in Eye, Suffolk, presents a mixed bag of prospects. Located in the historic market town of Eye, it benefits from a convenient position close to shops, schools including the Outstanding-rated Hartismere School, and Diss railway station. This makes it a reasonably appealing location, especially for families. However, the property is in need of considerable refurbishment. The photos reveal dated interiors, including the kitchen and bathroom, which require modernisation. While structurally the property appears sound, the overall aesthetic is dated and requires considerable updating. The inclusion of a small rear garden is a positive, though its exact size remains unknown. The asking price of £140,000 is competitive in the context of other properties in the area. While the lack of readily available price-per-square-foot data for similar properties makes an absolute assessment difficult, the property’s condition and the need for renovations aligns the price within the expected range. A potential buyer should factor in the renovation costs before making an offer. Overall, the property presents an opportunity for a buyer willing to undertake a significant refurbishment project. The desirability of location should be weighed against the anticipated renovation expenses.

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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