Chapel Lane, Elmstead, Colchester, CO7
By Michaels Property Consultants Ltd
£ 375,000
Reviews
3 out of 5 stars
Michaels Property Consultants Ltd says ..
Offering incredible potential is this older style detached chalet property sitting in a generous plot with large rear garden and space to each side. Nestled in an non estate position in the popular village of Elmstead just east of Colchester this charming property offers highlights to include ...
Property Oracle says ..
This three-bedroom detached chalet bungalow in Elmstead, Essex, is presented for sale at £375,000. The property benefits from a large garden, offering considerable outdoor space. The interior, however, requires modernising. The kitchen and bathrooms display dated fittings and decor, and the carpets and wall coverings are noticeably worn. The property’s condition needs to be considered as it will likely necessitate extensive renovation and updating by a prospective buyer.
The location in Elmstead is positive, offering a balance of village life and proximity to the amenities of Colchester. Good primary schools are within walking distance. While not within Colchester itself, railway stations are accessible, providing links to larger towns and cities.
Overall, this property presents a good opportunity for buyers who are looking for a project. The value lies in the property’s size, the large garden, and its relatively desirable location. However, the necessary modernisation works must be factored into any purchasing decision. It would be advisable to obtain a professional survey to assess the extent of any necessary repairs or upgrades before making an offer.
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
- 4
- Location
- 7
- Land
- 8
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 1,350.00
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
- 350,323.00 £Decreased by 1.18 %
- Est sale value
- 581,850.00 £Increased by 20.73 %
- Average area rental value
- 1,334.00 £/moDecreased by 2.49 %
- Est letting value
- 1,350.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.57 %Decreased by 1.30 %
- Crime Rate
- 126.00 %Unchanged by 0.00 %
Agent Activity
Michaels Property Consultants Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Market Field School | Academy Special Converter | Good | 0.24 KM |
| Elmstead Primary School | Foundation School | Good | 0.78 KM |
| Alresford Primary School | Community School | Good | 3.46 KM |
| St George'S Church Of England Primary School, Great Bromley | Voluntary Controlled School | Good | 3.73 KM |
| Millfields Primary School | Foundation School | Outstanding | 3.74 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Glebe Close | £ 275,000 | 0 | 0.00 KM |
| Norfolk Grove | £ 0 | 0 | 0.00 KM |
| Pavilion View | £ 575,000 | 0 | 0.00 KM |
| Boundary End | £ 515,000 | 0 | 0.00 KM |
| Tye Green | £ 450,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Alresford (Essex) | 6847 | ALR | 3.04 KM |
| Wivenhoe | 6860 | WIV | 5.24 KM |
| Hythe (Essex) | 6851 | HYH | 7.64 KM |
| Great Bentley | 6855 | GRB | 8.27 KM |
| Manningtree | 6856 | MNG | 9.27 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Chapel Lane, Elmstead, Colchester, CO7 | £ 375,000 | BUY | 6 / 10 | 0.00 KM |
| Chapel Lane, Elmstead | £ 300,000 | BUY | 7 / 10 | 0.01 KM |
| Clacton Road, Elmstead, Colchester, CO7 | £ 325,000 | BUY | 7 / 10 | 0.09 KM |
| Elmstead, Colchester, Essex, CO7 | £ 500,000 | BUY | 7 / 10 | 0.12 KM |
| Old School Lane, Elmstead, Colchester | £ 240,000 | BUY | Unknown | 0.23 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Toodyay | £ 230,000 | 0.01 KM |
| Sunnydene | £ 495,000 | 0.01 KM |
| Garden Cottage | £ 390,000 | 0.01 KM |
| Old Wheelwrights | £ 465,000 | 0.01 KM |
| Brybrook | £ 297,000 | 0.01 KM |