Blake & Thickbroom says ..

Property Oracle says ..

This three-bedroom detached bungalow in Jaywick, Clacton-on-Sea, is presented at a list price of £120,000. The property’s age is evident both inside and out; the interior requires a comprehensive refurbishment to update the décor and fittings. The kitchen and bathroom in particular show significant signs of wear, and a modernising programme is warranted. The existing features are somewhat dated, but appear functional. The location, whilst benefitting from proximity to the seafront, is located in an area that is statistically a significantly deprived area, which is a factor to consider. The nearby transportation links to Clacton-on-Sea and other areas provide access to a wider transport network. However, proximity to schools is a mixed bag, with some nearby schools rated as requires improvement or even special measures; this is likely to negatively impact property desirability and consequently the long term price potential. The plot size is not fully specified but is small. Overall, this property would likely appeal most to cash buyers looking for a renovation project or investors seeking a potential rental property in a cost-effective location. However, potential buyers must weigh the positives of its coastal location and list price against the drawbacks of its condition, limited land and less than ideal surrounding area.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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