Oakheart Property says ..

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom apartment located in West Mersea, Essex. The apartment is situated on Shears Crescent and benefits from a desirable location, boasting stunning views and a sizable plot. Based on the images provided, the property appears to be in excellent condition. The interior is modern, well-maintained, and tastefully decorated. The kitchen and bathrooms are contemporary and well-equipped. There is no visible evidence of wear and tear or the need for any significant repairs or renovations. The property includes a substantial private garden area offering direct views of the water. This is a significant advantage, adding to the overall desirability and value of the property. The size of the plot is considerable for an apartment. Considering the list price of £425,000, the average price in the area of £348,914, and the average price per square foot of £356, this property seems reasonably priced. While the average price per sqft in the area is lower, the exceptional location, condition, and substantial private outdoor space justify the higher price. The nearby comparable properties support this assessment, with prices ranging from £240,000 to £415,000. The proximity to a good local school, Mersea Island School, also contributes positively to the value. The lack of nearby transportation options is a slight negative, but the beautiful waterfront location likely outweighs this for many buyers.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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