Church & Hawes says ..

Property Oracle says ..

The property is located in Maldon, Essex, a town with a rich history and a picturesque waterfront. The proximity to Maldon Primary School (0.50 KM) and Plume School (0.63 KM), both with good Ofsted ratings, is a significant advantage for families. The town centre and its amenities are also within reasonable distance, enhancing the property’s overall appeal. However, the distance to the nearest train station (North Fambridge, 8.47 KM) might be a consideration for commuters.

Based on the provided images, the property appears to be in fair condition. While there are some signs of wear and tear, particularly in the interior and the garden, it does not seem to require extensive renovation. Some rooms show signs of needing updating and redecoration. The kitchen and bathroom are particularly dated, while some of the bedrooms are cluttered and need attention. The garden, while present, requires some landscaping and upkeep.

The property boasts a garden, as evidenced in the aerial and ground-level photographs. The size of the garden is relatively modest, but it provides outdoor space, a valuable asset in a residential setting.

Considering the property’s condition, location, and land size, the list price of £425,000 appears slightly high compared to the area average of £228,986. The average price per square foot in the area is £247, while this property is listed at approximately £355 per square foot (£425,000 / 1197.49 sqft). The higher price per square foot may be justified by the property’s location and the presence of a garden, but potential buyers should carefully weigh these factors against the required updating and maintenance. Nearby comparable properties offer a range of prices, some significantly lower and some higher, depending on condition and features. A thorough inspection and a comparative market analysis are recommended before making a purchase decision.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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