Think Property says ..

Property Oracle says ..

This property is a six-story building located on Prince of Wales Road in Norwich’s Thorpe Hamlet district. It boasts eight bedrooms and five bathrooms, making it suitable for a large family or as a potential investment opportunity, possibly as a HMO (House of Multiple Occupancy). The location is a significant advantage, offering proximity to Norwich city centre, the train station, and several schools. However, the property is in need of renovation. Images show some areas are well-maintained, particularly the kitchens, while others are significantly dated and require considerable work. There is no mention of a garden or outdoor space. The list price of £800,000 requires careful consideration. While the central Norwich location is attractive, the need for extensive renovation and the absence of outdoor space might make this price point challenging for some buyers. A thorough survey and cost analysis of necessary renovations are crucial before making an offer. Potential buyers should also assess the zoning regulations and future development plans for the area to determine the investment potential and long-term value.

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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