Magazine Farm Way, Colchester
CO

Magazine Farm Way, Colchester

By Connells

£ 450,000

Reviews

3 out of 5 stars

Connells says ..

Situated in the ever popular prettygate is this spacious three bedroom detached bungalow on a generous plot being sold with NO ONWARD CHAIN.

Property Oracle says ..

This three-bedroom bungalow in Prettygate, Colchester, presents a compelling opportunity for buyers seeking a family home in a desirable location. The property benefits from a large garden, a significant advantage in a competitive market. The proximity to well-regarded schools, including Prettygate Junior and Infant Schools and St Benedict’s Catholic College, makes it particularly attractive to families with children. Colchester town centre is also within reasonable reach, offering convenient access to shopping, leisure, and transport links. The property’s condition is generally good, but some modernisation is advisable, particularly in the kitchen and bathrooms. The existing decor is dated and could be updated to enhance the property’s appeal. The list price appears to reflect the market value in the area, but potential buyers should conduct a thorough survey to identify any potential issues and factor in the costs of modernisation. While the lack of precise square footage data limits a precise price-per-square-foot analysis, the overall package of location, garden size, and property characteristics suggests a reasonable price point within the current market conditions. Overall, this property presents a solid investment opportunity, but buyers should budget for some renovations to fully realise its potential.

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
6
Location
7
Land
7
Bedrooms
3
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
433,571.00 £
Increased by 10.56 %
from 392,174.00 £
Average area rental value
1,800.00 £/mo
Increased by 17.42 %
from 1,533.00 £/mo
Est rental Yield
4.98 %
Increased by 6.18 %
from 4.69 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Connells marked this listing as sold.

  • Connells created the listing.

Nearby Schools

NameTypeOfstedDistance
Prettygate Junior SchoolCommunity SchoolGood0.71 KM
Prettygate Infant SchoolCommunity SchoolGood0.71 KM
Philip Morant School And CollegeAcademy Converter0.81 KM
St Benedict'S Catholic CollegeVoluntary Aided SchoolGood1.06 KM
Colchester County High School For GirlsAcademy Converter1.06 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Burns Avenue £ 000.00 KM
Keats Road £ 350,00000.00 KM
Browning Close £ 000.00 KM
Woodland Drive £ 210,00000.00 KM
Greystones Close £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester6861COL3.49 KM
Colchester Town6853CET4.33 KM
Hythe (Essex)6851HYH6.84 KM
Marks Tey6863MKT9.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Magazine Farm Way, Colchester £ 425,000BUY6 / 100.00 KM
Magazine Farm Way, Colchester £ 450,000BUY6 / 100.00 KM
Magazine Farm Way, Colchester £ 500,000BUY5 / 100.00 KM
Bawtree Way, Colchester, Essex, CO3 £ 400,000BUY7 / 100.04 KM
Magazine Farm Way, Prettygate, Colchester, Essex, CO3 £ 425,000BUY7 / 100.05 KM

Nearby Properties

AddressPriceDistance
92 Magazine Farm Way £ 360,0000.00 KM
71 Magazine Farm Way £ 268,0000.00 KM
57 Magazine Farm Way £ 280,0000.00 KM
59 Magazine Farm Way £ 196,5000.00 KM
61 Magazine Farm Way £ 275,0000.00 KM