Bairstow Eves says ..

Property Oracle says ..

The property is a 2-bedroom flat located on Thoroughgood Road in Clacton-on-Sea, Essex. It is listed at £100,000 and has a floor area of 654.45 sqft. The property appears to be in a reasonable condition, although some modernisation might enhance its appeal. The kitchen and bathroom show signs of wear, suggesting a potential need for updates. The living areas seem adequately maintained. The property benefits from a shared rear garden, which provides some outdoor space. The location is reasonably convenient, with a train station (Clacton-On-Sea) approximately 0.52 km away. Several schools are within a reasonable distance, including Clacton County High School (0.50 km), which has a ‘Good’ Ofsted rating. However, the proximity to the sea may be a positive or negative depending on buyer preferences. Considering the average house price in the area is significantly higher (£340,786) and the average price per sqft is £380, the listed price of £100,000 for this 654.45 sqft flat appears relatively low. This could be attributed to the property’s condition and the fact that it is a flat rather than a house. However, comparable nearby flats are also available at similar price points, suggesting the price may reflect the current market conditions in this specific location. Further investigation into the specifics of the property’s leasehold agreement would be beneficial.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images