Minors & Brady says ..
Situated within the serene and sought-after area of Pakefield, this end-of-terrace bungalow offers a rare opportunity to create a bespoke living experience. Situated in a quiet cul-de-sac, this chain-free property presents itself as a canvas for transformation, awaiting a discerning individual to...
Property Oracle says ..
This two-bedroom, one-bathroom bungalow situated on Ship Road in Pakefield, East Suffolk, presents a mixed bag of opportunities and challenges. The property’s key strength lies in its location, offering close proximity to schools, transport links, and the coast. The garden, whilst in need of some attention, adds to its appeal, providing outdoor space. However, the property requires significant modernisation. From outdated interior décor to necessary repairs on the conservatory roof and pond, potential buyers must account for substantial renovation costs. The current fixtures and fittings appear dated, requiring a full refurbishment to bring the house to a modern standard. The asking price, considering the renovation needs, presents a fair reflection of the market in this area. Although comparable properties show a similar price range, a precise assessment of value requires more information on the plot size. Overall, it’s a property with potential but needs a considerable investment to reach its full value.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 935.06
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Metrics Year-on-Year
- Average area value
- 222,631.00 £Decreased by 9.27 %
- Est sale value
- 230,024.76 £Increased by 16.04 %
- Average area rental value
- 761.00 £/moDecreased by 21.06 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 4.10 %Decreased by 12.95 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Minors & Brady marked this listing as sold.
Minors & Brady created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Pakefield High School | Academy Converter | 0.48 KM | |
| Pakefield Primary School | Academy Converter | Good | 0.53 KM |
| Westwood Primary School | Academy Sponsor Led | Good | 0.89 KM |
| East Point Academy | Academy Sponsor Led | Good | 1.75 KM |
| Phoenix St Peter Academy | Academy Sponsor Led | Requires improvement | 1.79 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bryony Close | £ 0 | 0 | 0.00 KM |
| Bunker Close | £ 190,000 | 0 | 0.00 KM |
| London Road | £ 265,000 | 0 | 0.00 KM |
| A12 | £ 0 | 0 | 0.00 KM |
| Wensleydale | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Oulton Broad South | 7274 | OUS | 2.57 KM |
| Oulton Broad North | 7273 | OUN | 2.88 KM |
| Lowestoft | 7268 | LWT | 3.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Ship Road, Lowestoft | £ 220,000 | BUY | 6 / 10 | 0.02 KM |
| Flora Road, Pakefield | £ 220,000 | BUY | 7 / 10 | 0.03 KM |
| Merrifield Road, Lowestoft, Suffolk, NR33 | £ 220,000 | BUY | 6 / 10 | 0.05 KM |
| Flora Road, Pakefield, NR33 | £ 130,000 | BUY | Unknown | 0.06 KM |
| Ship Road, Pakefield, Lowestoft | £ 240,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 Ship Road | £ 130,000 | 0.08 KM |
| 24 Ship Road | £ 228,250 | 0.08 KM |
| 8 Ship Road | £ 159,000 | 0.08 KM |
| 5 Ship Road | £ 250,000 | 0.08 KM |
| 19 Ship Road | £ 159,995 | 0.08 KM |