Russen & Turner says ..

Property Oracle says ..

The property is a two-bedroom, one-bathroom house with a total area of 802 square feet and a plot size of 0.00 sqft. It is situated in Fairstead, King’s Lynn, Norfolk, close to the Queen Elizabeth Hospital. The list price is £159,995. The location score is moderate. The proximity to the Queen Elizabeth Hospital is a positive factor, suggesting convenient access to healthcare. The presence of nearby schools, including Fairstead Community Primary and Nursery School (rated ‘Good’ by Ofsted) and Springwood High School (also rated ‘Good’), is another positive aspect for families. However, the area’s overall average house price (£265,511) is significantly higher than the listed price of this property, suggesting that the location might not be considered among the most desirable in the area. Further, the provided plot size is 0.00 sqft, indicating a lack of significant land. Based on the provided images, the property appears to be in fair condition. While there is no evidence of major structural issues, the interior finishes appear dated and could benefit from some modernization. The kitchen and bathroom appear somewhat outdated, and the overall aesthetic might not appeal to all buyers. The property includes a small garden, which is a positive feature, although its size is not specified. Considering the property’s condition, the small garden, and its location near amenities and schools, the price of £159,995 appears relatively reasonable compared to similar properties in the area. However, the average price per square foot in the area (£302) is higher than what this property offers. Nearby comparable properties are listed at higher prices, which could indicate that the list price is slightly below market value, making it potentially attractive to buyers looking for a bargain. However, the need for potential renovations should be factored into this assessment.

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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