Harris + Wood says ..

Property Oracle says ..

The property is a 3-bedroom, 1-bathroom detached house located in Jaywick, Clacton-on-Sea, Essex. The list price is £230,000. The property is 1,125 sqft and has a plot size of 0 sqft. The average house price in the area is £340,786, with an average price per sqft of £380. Nearby properties on Park Square West range in price from £42,000 to £240,000, indicating significant price variation within the immediate vicinity. Other nearby properties show prices ranging from £225,000 to £335,000. Based on the provided images, the property is in need of significant renovation. The interior features dated decor, worn carpets, and some wall damage. The kitchen and bathroom also appear outdated and require modernisation. The exterior shows a garden, but further details on its size and condition are not provided. The location is close to a train station (Clacton-On-Sea, 4.91km), and several schools, including Sir Martin Frobisher Academy (0.55km), which requires improvement according to Ofsted. Other schools are within a 2-3km radius, with varying Ofsted ratings. The proximity to amenities and transportation links should be considered in the context of the overall condition of the property and the area’s reputation. Given the property’s condition, requiring substantial renovation, and the relatively lower price compared to area averages, the list price may appear reasonable for a buyer willing to undertake the necessary improvements. However, the significant renovation needed must be factored into any potential purchase decision. The lack of plot size information prevents a complete assessment of the land value.

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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