Palmer & Partners says ..

Property Oracle says ..

This property is a 3-bedroom, 1-bathroom terraced house located on Berners Street in Ipswich, Suffolk. The list price is £350,000, and the property has a floor area of 495.06 sqft and a plot size of 1,587.20 sqft.

The location is excellent, with several schools within a reasonable distance, including Westbridge Academy (rated ‘Good’ by Ofsted) and several primary schools. The proximity to Ipswich train station (1.37km) also provides good transport links. The presence of a garden is a positive attribute.

Based on the images provided, the property appears to be a period property with traditional features. Whilst some areas appear well-maintained, others, particularly the bathroom and outbuilding, show signs of needing renovation or modernisation. The kitchen also appears dated and could benefit from updating. The property overall has character and charm, but some areas are in need of work.

Considering the average house price in the area (£258,798) and the average price per sqft (£296), the list price of £350,000 for this 495.06 sqft property seems high, especially given the need for renovations. However, the presence of a substantial garden (1,587.20 sqft) and the desirable location may justify a higher price compared to average properties in the area. The lack of sqft data for nearby comparable properties makes a precise price comparison difficult. The list price is at the higher end of the range of nearby properties, but this is likely due to the size of the garden.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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