Fenn Wright says ..

Property Oracle says ..

This three-bedroom Victorian semi-detached house located on Sherrington Road in Ipswich is presented as a property requiring extensive renovation. The photographs show a property in need of modernisation throughout; the interior features worn flooring, damaged walls, and dated fixtures and fittings in the kitchen and bathroom. The rooms are generally clean but require complete updating to achieve a modern aesthetic and functionality.

The property’s location is a key aspect. Situated in the Castle Hill area of Ipswich, it benefits from proximity to Ipswich mainline railway station and local amenities, making it attractive for commuters and families. The presence of several schools within a reasonable distance of the property further enhances its family-oriented appeal.

The limited information on plot size does hinder a full assessment of its land value. However, the images suggest a small rear garden that while functional, isn’t exceptionally large.

The list price of £175,000 should be considered in light of the substantial renovation required. While the location is favorable, the substantial investment needed to bring the property up to a habitable and modern standard should be factored into any potential buyer’s valuation. Buyers should obtain a full structural survey to ascertain the extent of the necessary work and factor those costs into their decision-making process. The absence of square footage data for many comparable properties makes price-per-square-foot analysis unreliable.

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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