Essex Prime Residential says ..

Property Oracle says ..

This two-bedroom terraced house located on Key Road in Clacton-on-Sea, Essex, presents a mixed opportunity. Its location offers easy access to the train station and several schools, suggesting reasonable convenience. However, the property’s condition is a major concern. The photographs depict considerable wear and tear throughout, demanding extensive renovations. Peeling wallpaper, damaged ceilings, and a neglected garden significantly impact the property’s current livability. While the price of £145,000 might appear competitive compared to similar properties on Key Road and other nearby streets, potential buyers must carefully consider the substantial costs associated with bringing the property up to a modern standard. The absence of precise square footage and plot size data prevents an exact assessment of value per square foot but the price generally falls within the range of other terraced properties in the area, albeit at the higher end. Potential buyers should conduct thorough surveys and obtain accurate cost estimates before making an offer. The small rear garden, though present, is in disrepair and does not add significant value. Overall, this property represents a significant project, suitable for those with renovation expertise or a willingness to invest substantially. Serious buyers should be prepared for extensive refurbishment and factor that into their valuation and offer.

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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