Friars Close, Wivenhoe, Colchester, CO7
MI

Friars Close, Wivenhoe, Colchester, CO7

By Michaels Property Consultants Ltd

£ 365,000

Reviews

3 out of 5 stars

Michaels Property Consultants Ltd says ..

Michaels Property Consultants are pleased to offer for sale this four bedroom detached home. The property is ideally situated in the Millfield's catchment along with being conveniently located to the nearby mainline train station and Wivenhoe Quay. The property highlights include four double b...

Property Oracle says ..

This four-bedroom detached house in Friars Close, Wivenhoe, offers a promising opportunity for a family looking to establish themselves in a sought-after area. Situated within the highly-regarded Millfields Primary School catchment, the property’s location is a key selling point. Proximity to Wivenhoe train station provides convenient commuting options. The house itself presents a mixed picture. While the bathroom appears to have undergone recent renovation, other areas such as the kitchen, living room, and some bedrooms demonstrate a clear need for modernisation and repairs. Cosmetic issues, including wall damage and dated flooring and finishes, are evident. The garden is of a reasonable size, offering outdoor space. The provided price point, while in line with comparable nearby properties, needs to be considered alongside the costs of refurbishment. Potential buyers should factor in these costs to estimate the total investment. In summary, this property provides a strong foundation for a family home but requires considerable renovation work before it can be fully enjoyed. The location’s desirability is a major strength, particularly for families prioritizing excellent schooling.

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

Price
7
Condition
5
Location
8
Land
6
Bedrooms
4
Bathrooms
1

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
343,500.00 £
Decreased by 10.23 %
from 382,656.00 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Michaels Property Consultants Ltd marked this listing as sold.

  • Michaels Property Consultants Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Millfields Primary SchoolFoundation SchoolOutstanding0.39 KM
Broomgrove Infant SchoolCommunity SchoolGood1.56 KM
Broomgrove Junior SchoolCommunity SchoolGood1.56 KM
St Lawrence Church Of England Primary School, RowhedgeVoluntary Controlled SchoolGood2.70 KM
Fingringhoe Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood2.91 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Stanley Road £ 400,00000.00 KM
Alresford Road £ 875,00000.00 KM
Hamilton Road £ 000.00 KM
Ash Grove £ 000.00 KM
Victoria Close £ 441,66700.00 KM

Nearby Transport

NameNLCTLCDistance
Wivenhoe6860WIV1.24 KM
Alresford (Essex)6847ALR3.40 KM
Hythe (Essex)6851HYH5.29 KM
Colchester Town6853CET7.54 KM
Colchester6861COL9.46 KM

Nearby Listings

AddressPriceTypeScoreDistance
Friars Close, Wivenhoe, Colchester, CO7 £ 365,000BUY6 / 100.00 KM
Friars Close, Wivenhoe, Colchester, CO7 £ 350,000BUY6 / 100.02 KM
Friars Close, Wivenhoe, Colchester, CO7 £ 400,000BUY8 / 100.02 KM
Wivenhoe, Colchester £ 372,000BUY6 / 100.02 KM
Denham Close, Wivenhoe, Colchester, CO7 £ 340,000BUY7 / 100.07 KM

Nearby Properties

AddressPriceDistance
4 Friars Close £ 340,0000.02 KM
14 Friars Close £ 406,5000.02 KM
6 Friars Close £ 340,0000.02 KM
2 Friars Close £ 210,0000.02 KM
9 Friars Close £ 320,0000.02 KM