Minors & Brady says ..

Property Oracle says ..

This three-bedroom terraced house in Norwich, NR1, presents a mixed bag. Its key strength lies in its location. Situated in a desirable part of the city, it benefits from proximity to the city centre, excellent schools, and transport links. This makes it an attractive proposition for families and those seeking city living. However, the property is in need of modernisation. The kitchen and bathroom, in particular, appear dated and would require updating. This will add to the cost of ownership for the prospective buyer. The garden is also relatively small. The asking price of £260,000 appears within a reasonable range for the area, although some negotiation will likely be possible due to the property’s condition. Comparable properties on Ashby Street and nearby streets show a range of prices. Therefore, it may be considered good value but is not a remarkable deal given the need for renovation. Overall, the property represents a decent investment opportunity, but prospective buyers should budget for renovation works. The property's location and the potential for increased value after modernization outweigh the need for repairs. Therefore, we give this property 6 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

Images