CO7
LU

CO7

By Lucas Estate Agents

£ 22,000

Reviews

1 out of 5 stars

Lucas Estate Agents says ..

WE ARE PLEASED TO OFFER FOR SALE THE ABOVE BEACH HUT, SITUATED OVERLOOKING THE BOATING LAKE WITH ACCESS FROM COLNE ROAD, ALONG OYSTER TANK ROAD.THE BEACH HUT IS IN NEED OF REPAIR, THE INSIDE IS PANELLED AND THE OUTSIDE IS COATED IN WHITE PLASTIC PANELLING. INCLUDED ARE SINK UNIT WITH CUPBOARDS U

Property Oracle says ..

The property is a beach hut located in Brightlingsea, Essex. Brightlingsea is a coastal town with a relatively small population. The average house price in the area is significantly higher than the listed price of this property, at £340,786. However, it’s important to note that this average reflects larger properties than the beach hut in question. The proximity to the water and the presence of nearby amenities like schools and transportation links (Alresford train station is approximately 5.54 km away) could be considered positive aspects of the location. However, the lack of specific details regarding the beach hut’s exact position within Brightlingsea makes a definitive assessment of its location difficult.

The images reveal the beach hut to be in poor condition. Significant repairs are needed, including floor replacement and general maintenance. The interior shows considerable damage and decay, indicating a substantial amount of work is required to make it habitable.

The property appears to be a small beach hut with limited land. There’s no information on the plot size, but based on the images, it’s likely very small.

Given the property’s condition, lack of amenities (no bathrooms or bedrooms), and small size, the list price of £22,000 appears relatively high when compared to other nearby properties, even considering the coastal location. Nearby holiday lodges and bungalows are listed at significantly higher prices, but these properties offer more living space and amenities. The average price per square foot in the area is £380, but this is not directly applicable to this beach hut due to its unique nature and size. Ultimately, the value proposition of this property is largely dependent on the buyer’s willingness to undertake extensive renovations.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
3
Condition
2
Location
7
Land
1
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
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Lucas Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Brightlingsea Primary School And NurseryCommunity SchoolRequires improvement0.55 KM
Colne Community School And College (Secondary And 16 To 19 Provision)Academy Converter1.37 KM
Alresford Primary SchoolCommunity SchoolGood5.09 KM
Great Bentley Primary SchoolCommunity SchoolOutstanding6.99 KM
St Osyth Church Of England Primary SchoolAcademy Sponsor LedRequires improvement7.10 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Beacon Close £ 000.00 KM
Cedar Avenue £ 000.00 KM
Point Clear £ 83,00000.00 KM
Windsor Court £ 000.00 KM
Blind Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Alresford (Essex)6847ALR5.54 KM
Great Bentley6855GRB7.07 KM
Wivenhoe6860WIV8.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Haven Village, Brightlingsea £ 59,500BUY5 / 100.00 KM
Promenade Way, CO7 £ 28,000BUYUnknown0.00 KM
CO7 £ 22,000BUY3 / 100.00 KM
Haven Village - Charmouth, Brightlingsea £ 84,995BUY7 / 100.00 KM
Haven Village, Brightlingsea £ 19,500BUY7 / 100.00 KM

Nearby Properties

AddressPriceDistance
75 Colne Road £ 145,0000.33 KM
77 Colne Road £ 245,0000.33 KM
51 Colne Road £ 520,0000.33 KM
73 Colne Road £ 262,5000.33 KM
61 Colne Road £ 164,0000.33 KM