Charles Wright Properties says ..

Property Oracle says ..

This three-bedroom end-of-terrace house in Ipswich, Suffolk, presents a mixed bag of opportunities and challenges. The property benefits from a decent location, relatively close to good schools, including the outstanding Oaks Primary School and transport links via the Ipswich train station. The presence of a garden is also a desirable feature. However, the provided photographs reveal a property in need of significant modernisation. The kitchen and bathroom appear dated and would require updating. The carpeting throughout is also worn. This aspect will likely influence the purchasing decision of potential buyers, as refurbishment costs must be factored into their offer price. The listing price of £220,000, therefore, needs careful consideration in light of the necessary renovations. While seemingly competitive with comparable properties in the area, a thorough comparison requires additional property-specific details, particularly the square footage of similar houses to calculate a definitive price per square foot and establish whether it’s an appropriate price point. Potential buyers must weigh the property’s positive aspects (location, number of bedrooms, garden) against the need for substantial modernisation to determine its overall value proposition. In summary, it requires assessment against similar properties for an accurate valuation.

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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