Game Estate Agents says ..

Property Oracle says ..

The property is a beach hut located on Victoria Esplanade in West Mersea, Essex. The asking price is £58,000. Considering the images provided, the beach hut appears to be in good condition for its type. There is evidence of some wear and tear on the exterior paintwork, but the interior looks well-maintained and functional. The property includes basic amenities such as shelving, a table, and storage. The location is excellent, situated directly on the beach. This offers significant recreational value and potential rental income. The proximity to Mersea Island School (1.98km) is also a positive factor for families. However, the lack of other amenities within immediate walking distance might be a consideration for some buyers. The plot size is extremely small, being limited to the beach hut itself. There is no garden or additional land. Given the average house price in the area is £348,914 and the average price per sqft is £356, the asking price of £58,000 for this beach hut seems relatively high compared to other nearby properties, especially considering its size and lack of land. However, the unique location and condition of the property, combined with the potential for rental income, could justify a higher price than a typical property in the area. The lack of comparable properties makes a precise price comparison challenging.

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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