Sheen's says ..

Property Oracle says ..

This two-bedroom detached bungalow in Point Clear Bay, St Osyth, Essex, is currently listed at £90,000. The property is described as a holiday home with a sitting tenant. The property benefits from a coastal location, offering the potential for sea views and leisure activities. The nearby Point Clear street has an average house price of £83,000, which suggests that the listing price for this property is within the range of nearby property prices. However, the property’s condition requires attention. The photographs reveal that the interior is cluttered and requires cleaning and possibly some refurbishment. The kitchen is outdated, and the overall impression is of a property that needs work. The garden is present but seemingly requires some landscaping. The property’s proximity to schools is mixed. While some schools have good Ofsted ratings, others are rated ‘Requires Improvement’. Transportation links are within a reasonable distance but will require the use of a car to reach larger towns and cities. Overall, this property presents a mixed bag. It offers a coastal location and a relatively affordable price point, considering the surrounding area’s average house price, but requires significant work to update it to a modern standard. The lack of precise property details such as plot size and a definitive rental income, means a definite evaluation of it’s worth is difficult.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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