Belton Duffey says ..

Property Oracle says ..

The property is a four-bedroom semi-detached house located on Norwich Road in Fakenham, North Norfolk. The list price is £340,000, and the property has a plot size of 2,356.22 sqft and is 2,062.58 sqft in size. The average house price in the area is £296,125, with an average price per sqft of £300. This property is larger than average at 2,062.58 sqft compared to the average of 986 sqft. Based on the images provided, the property is in need of significant renovation. The interior features outdated fixtures, damaged walls, and worn carpets. The exterior also shows signs of neglect, with overgrown vegetation and a generally unkempt appearance. The garden is overgrown but present. The location appears relatively close to several schools, including Fakenham Academy which has a good Ofsted rating. However, information on transportation links is unavailable. Given the property’s condition, the need for extensive renovation work will significantly impact the overall cost. While the plot size is larger than average and it has a garden, the required renovations could easily exceed £100,000. Considering the average house price and the substantial renovation costs, the list price of £340,000 may be considered high. However, the larger plot size and the potential for adding value after renovation may justify the price for some buyers.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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