Victoria Esplanade, CO5
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Victoria Esplanade, CO5

By Sellby Homes

£ 43,000

Reviews

3 out of 5 stars

Sellby Homes says ..

A FREEHOLD Beach Hut located on the Raised Top Row at The Spinney, West Mersea.

Property Oracle says ..

The property is a chalet located on Victoria Esplanade in West Mersea, Essex. The location is a significant factor, offering a waterfront position with stunning sunset views as shown in the provided images. The proximity to Mersea Island School (0.65km) is a positive for families. While transportation links may be limited, the nearby Wivenhoe train station (9.93km) offers a connection to Colchester and beyond. The images reveal a well-maintained, charming chalet with a small decked area. The interior is cosy and well-presented, with a wood-burning stove adding to the character. The property appears to be in good condition, though the lack of bathroom and bedroom details makes a full assessment difficult. The list price of £43,000 is significantly lower than the average house price in the area (£348,914), but comparable to other chalets in West Mersea, suggesting it may represent good value. However, it’s important to consider the lack of key amenities such as bathrooms and bedrooms. The small plot size is also a factor.

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

Price
7
Condition
8
Location
9
Land
4
Bedrooms
0
Bathrooms
0

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
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Sellby Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
Mersea Island SchoolFoundation SchoolGood0.65 KM
St Cedd'S Church Of England Primary SchoolAcademy Sponsor LedGood5.95 KM
Langenhoe Community Primary SchoolCommunity SchoolRequires improvement6.58 KM
Fingringhoe Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolGood8.32 KM
Cherry Tree AcademyAcademy Sponsor LedRequires improvement9.34 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Alexandra Avenue £ 725,00000.00 KM
Going's Lane £ 000.00 KM
Oakwood Drive £ 000.00 KM
Windsor Road £ 135,00000.00 KM
Meadow Lane £ 825,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Wivenhoe6860WIV9.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
Victoria Esplanade, CO5 £ 43,000BUY7 / 100.00 KM
Victoria Esplanade, CO5 £ 42,800BUY5 / 100.02 KM
Victoria Esplanade, West Mersea, Colchester, Essex, CO5 £ 1,200,000BUY7 / 100.03 KM
Victoria Esplanade, West Mersea, Colchester, Essex, CO5 £ 1,300,000BUY7 / 100.03 KM
West Mersea, CO5 8BP £ 49,995BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
3 Victoria Esplanade £ 365,0000.06 KM
5 Victoria Esplanade £ 150,0000.06 KM
7 Victoria Esplanade £ 1,300,0000.06 KM
17 Broomhills Road £ 325,0000.14 KM
14 Broomhills Road £ 405,0000.14 KM