Howards says ..

Property Oracle says ..

This property on Alexandra Road, Lowestoft is a three-bedroom house described as a large Victorian property. Its proximity to the town centre and train station is advantageous for commuting and access to amenities. The building itself appears to be structurally sound, as evidenced by the exterior photos, though some repairs and significant internal modernisation are needed. The interior photos showcase outdated fittings, flooring and walls in need of repainting. In some rooms, there’s noticeable wear and tear, especially evident in the basement. The property benefits from having a small front yard, however, there is no garden which is a significant drawback. Nearby comparable properties are listed for a range of prices and sizes, without square footage data it is difficult to fully assess the average price per square foot but based on the average price of similar-sized properties in the area, the list price is in the expected range. The value proposition is complicated by the substantial renovation requirements. A potential buyer should budget for complete modernisation, impacting the overall return on investment. The property could be suitable for someone seeking a renovation project with a convenient location, but those looking for move-in-ready accommodation might find it less appealing. Further investigation into local council planning restrictions and potential costs related to renovation would be advisable.

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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