Knight West Property Consultants says ..

Property Oracle says ..

The property is a 2-bedroom bungalow located in Braiswick, Colchester, Essex. It is listed at £350,000 and has 647 sqft of living space. The plot size is not specified. The property’s location in Braiswick places it relatively close to Braiswick Primary School (0.69km), which has a ‘Good’ Ofsted rating. Colchester town centre is within reasonable distance, offering access to various amenities and transportation links, including Colchester train station (1.33km). The proximity to these facilities is a positive aspect of the property’s location. Based on the provided images, the property appears to be in need of modernisation. The interior shows dated décor, worn carpets, and some minor damage to walls. The kitchen and bathroom also appear quite dated and would likely benefit from an update. The overall condition suggests a need for renovation to bring it to a modern standard. The garden, while present, seems somewhat overgrown and unkempt, requiring some landscaping work. The list price of £350,000 is slightly below the average house price in the area (£348,914), but significantly lower than other nearby bungalows. However, given the property’s condition and the need for renovation, the price may be considered reasonable. The average price per sqft in the area is £356, while this property is listed at approximately £541 per sqft. This suggests that the price might be slightly high, considering the condition and the need for renovation. Further comparison with similar properties in the area accounting for size and condition is needed to determine a more accurate valuation. The property benefits from a garden, which is a desirable feature. However, its current state requires landscaping.

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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