Adrians says ..
A one bedroom Leasehold starter home in need of modernisation, popular Chelmer Village location close to large supermarket and opposite open greensward.
Property Oracle says ..
This one-bedroom property located in Colyers Reach, Chelmsford, presents a mixed bag of advantages and disadvantages for potential buyers. The location offers convenience, being relatively close to Chelmsford city centre, a major supermarket, and Chancellor Park Primary School, an outstanding-rated school according to Ofsted. This convenient location is a significant plus point for families and those seeking ease of access to amenities. The property itself is a one-bedroom end-of-terrace house; The provided images show that the property appears to be functional but shows its age and would need some upgrading in terms of décor and fixtures. The kitchen and bathroom appear outdated, and the interior design choices may not appeal to all buyers. The photos also indicate a very small garden area, which may be a considerable drawback to prospective buyers who value outdoor space. The price seems relatively reasonable compared to the other properties in the area, although the lack of exact square footage of the house, and other similar properties, prevents a stronger claim for value for money. Overall, the property would likely attract first-time buyers or investors willing to undertake some renovation work to upgrade the property. Buyers should carefully weigh the need for modernisation against the convenience of the location and its proximity to amenities before making a decision.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 600.00
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
- 149,800.00 £Decreased by 39.37 %
- Est sale value
- 96,600.00 £Decreased by 30.90 %
- Average area rental value
- 1,131.00 £/moIncreased by 5.60 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 9.06 %Increased by 74.23 %
- Crime Rate
- 6.00 %Unchanged by 0.00 %
Agent Activity
Adrians created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Chancellor Park Primary School, Chelmsford | Community School | Outstanding | 0.64 KM |
| Barnes Farm Infant School | Academy Converter | 0.71 KM | |
| Barnes Farm Junior School | Academy Converter | 0.71 KM | |
| Che1/A Chelmsford Central Family Hub | Children's Centre | 1.55 KM | |
| Meadgate Primary School | Academy Sponsor Led | Good | 1.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Village Gate | £ 550,000 | 0 | 0.00 KM |
| Hollis Lock | £ 550,000 | 0 | 0.00 KM |
| Webb Close | £ 0 | 0 | 0.00 KM |
| Portway | £ 0 | 0 | 0.00 KM |
| Buckingham Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chelmsford | 6836 | CHM | 4.61 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Colyers Reach, Chelmsford | £ 180,000 | BUY | 5 / 10 | 0.00 KM |
| Colyers Reach, Chelmsford, Essex, CM2 | £ 525,000 | BUY | 6 / 10 | 0.02 KM |
| Colyers Reach, Chelmer Village, Essex, CM2 | £ 180,000 | BUY | 5 / 10 | 0.04 KM |
| Colyers Reach, Chelmsford | £ 160,000 | BUY | 4 / 10 | 0.04 KM |
| Colyers Reach, Chelmer Village, Chelmsford | £ 210,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 65 Colyers Reach | £ 123,500 | 0.00 KM |
| 45 Colyers Reach | £ 189,000 | 0.00 KM |
| 13 Colyers Reach | £ 171,000 | 0.00 KM |
| 83 Colyers Reach | £ 188,000 | 0.00 KM |
| 33 Colyers Reach | £ 198,000 | 0.00 KM |