Bairstow Eves says ..

Property Oracle says ..

The property is a 2-bedroom bungalow located on Crome Road in Clacton-on-Sea, Essex. It is listed at £230,000 and has a plot size of 877 sqft and internal area of 1457 sqft.

The property appears to be in generally good condition, although some minor cosmetic updates might enhance its appeal. The kitchen and bathroom appear functional but could benefit from some modernisation. The garden is of a reasonable size for a bungalow of this type, offering space for outdoor activities.

The location is convenient, with nearby schools receiving good Ofsted ratings and relatively easy access to Clacton-on-Sea train station. However, the average house price in the area (£436,784) significantly exceeds the list price of this property. This discrepancy needs further investigation to determine if the list price accurately reflects the market value. The average price per square foot in the area is £494, while this property’s price per square foot is significantly lower. This suggests that the property may be underpriced, particularly when considering its condition and the availability of a garden. However, further analysis of comparable properties in the immediate vicinity is required to confirm this assessment.

Based on the available data, the property presents a potentially good value proposition, especially given its location and the presence of a garden. However, a detailed in-person inspection is needed to fully assess the condition and potential for future improvements.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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