Ellis Road, Clacton-on-Sea
MI

Ellis Road, Clacton-on-Sea

By Mike Vincent & Son

£ 200,000

Reviews

2 out of 5 stars

Mike Vincent & Son says ..

*** THE FIXER UPPER *** This FOUR BEDROOM TERRACE TOWN HOUSE is in need of renovation works throughout but offers a modern build specification and an ideal opportunity for a first time buy or an investment project, whilst also being offered with no onward chain and a central town location.

Property Oracle says ..

This four-bedroom terraced house in Clacton-on-Sea presents a mixed picture. Its location offers convenient access to the train station and several schools, suggesting a decent level of convenience. However, the property is clearly in need of significant renovation. The provided photographs reveal a number of issues, including worn flooring, requiring replacement in several rooms, damaged walls that need redecorating, and outdated bathrooms and kitchen requiring full renovation. The small garden provides some outdoor space but is limited in size. The list price of £200,000 needs to be considered in the light of the extensive work required. While comparable properties in the area are selling for similar prices, the need for extensive renovation would impact the property’s actual market value for a ready-to-move-in buyer. Therefore, it is crucial for potential buyers to factor in the renovation costs before making an offer. The property could represent good value for a buyer willing to undertake the renovations, but a larger budget will be required. A thorough survey is essential before purchase to assess the full extent of the necessary repairs and potential hidden problems.

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

Price
6
Condition
4
Location
7
Land
3
Bedrooms
4
Bathrooms
2
Sqft (est)
733.66

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
425,000.00 £
Decreased by 8.87 %
from 466,353.00 £
Est sale value
266,318.58 £
Decreased by 7.16 %
from 286,861.06 £
Average area rental value
2,435.00 £/mo
Increased by 27.89 %
from 1,904.00 £/mo
Est letting value
1,467.32 £/mo
Increased by 100.00 %
from 733.66 £/mo
Est rental Yield
6.88 %
Increased by 40.41 %
from 4.90 %
Crime Rate
38.00 %
Unchanged by 0.00 %
from 38.00 %

Agent Activity

  • Mike Vincent & Son marked this listing as sold.

  • Mike Vincent & Son created the listing.

Nearby Schools

NameTypeOfstedDistance
Alton Park Junior SchoolAcademy Converter0.88 KM
Ten2 St. James' Family Hub Delivery SiteChildren's Centre Linked Site0.93 KM
Oakwood Infant And Nursery SchoolCommunity SchoolGood1.10 KM
White Hall AcademyAcademy Sponsor LedGood1.32 KM
Clacton Coastal AcademyAcademy Sponsor LedRequires improvement1.38 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rosemary Road £ 000.00 KM
Nelson Road £ 247,65000.00 KM
Estuary Crescent £ 000.00 KM
Link Road £ 000.00 KM
Beach Mews £ 135,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Clacton-On-Sea6850CLT0.72 KM
Thorpe-Le-Soken6857TLS6.61 KM
Weeley6859WEE8.01 KM
Kirby Cross6862KBX9.27 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ellis Road, Clacton-on-Sea £ 210,000BUYUnknown0.03 KM
Ellis Road, Clacton-on-Sea, Essex, CO15 £ 250,000BUY6 / 100.04 KM
Ellis Road, CLACTON-ON-SEA £ 60,000BUY6 / 100.04 KM
Ellis Road, Clacton-On-Sea £ 105,000BUY5 / 100.04 KM
Dean Court, Clacton on Sea £ 105,000BUYUnknown0.04 KM

Nearby Properties

AddressPriceDistance
29 Ellis Road £ 64,0000.04 KM
31 Ellis Road £ 135,0000.04 KM
28a Ellis Road £ 112,0000.04 KM
62 Ellis Road £ 125,0000.04 KM
48 Ellis Road £ 130,0000.04 KM