Paveys Estate Agents Ltd says ..

Property Oracle says ..

The property is a semi-detached bungalow located on Windermere Road in Holland-on-Sea, Essex. It has two bedrooms, one bathroom, and a plot size of 668 sqft. The list price is £210,000. The property appears to be in need of modernisation and updating. The interior features dated decor and fittings throughout. Carpets and wall coverings are worn, and the kitchen and bathroom are particularly tired. The exterior also requires attention; the garden is overgrown and in need of landscaping. This suggests a need for significant investment to bring the property up to modern standards. The property benefits from a garden, albeit one that is currently unkempt. The size of the garden, while not large, is adequate for a property of this type. Considering the average house price in the area is £340,786 and the average price per sqft is £380, the list price of £210,000 for this 680.04 sqft property seems relatively low. However, this needs to be considered in light of the property’s condition. The significant renovation required will likely offset the lower initial purchase price. Nearby comparable properties on Windermere Road have sold for between £84,000 and £275,000, indicating a wide range of values depending on the condition and size of the property. Given the need for renovation, the list price, while below average, may not be unreasonable. The location is close to several primary schools with good Ofsted ratings, and also has good transport links to Clacton-On-Sea. This is a positive factor for potential buyers.

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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