Day & Knight Property says ..

Property Oracle says ..

This three-bedroom terraced house located on Norwich Road in Lowestoft, Suffolk, is listed at £140,000. The property benefits from a relatively central location, with nearby schools like Roman Hill Primary School and East Coast College, as well as Lowestoft train station within a short distance. This makes it potentially attractive to families and commuters. However, the property’s condition requires attention. The provided photographs reveal a dated kitchen and bathroom, and the garden is overgrown and needs significant work. The interior images also show that the property requires some tidying and minor repairs. While the property includes a garden, its size and current state are not ideal. The price of £140,000 appears to be in line with other properties in the area, although the lack of precise square footage data for comparable properties makes a definitive statement on value difficult. Potential buyers should factor in the cost of renovations and garden maintenance when considering the overall investment. Further investigation into the specific condition of the property and a detailed comparison with similar properties sold recently in the immediate vicinity would be beneficial before making a purchase decision. The lack of plot size data is a significant omission in the property listing. Potential buyers should request this information from the estate agent. The property might be suitable for first-time buyers or investors willing to undertake renovations, but a thorough survey is recommended before committing to a purchase.

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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