Connells says ..

Property Oracle says ..

The property is located in Highwoods, Colchester, a suburb with a mix of housing types. The area benefits from nearby schools such as The Gilberd School (Outstanding Ofsted rating) and several others with ‘Good’ ratings, all within a reasonable distance. Transportation links are also convenient, with Colchester train station approximately 2.94km away, providing access to Greater Anglia services. The proximity to these amenities suggests a reasonably good location score.

Based on the provided images, the property appears to be in generally fair condition. While the exterior presents well, the interior shows signs of wear and tear, particularly in the living areas and carpets which could benefit from updating. The kitchen and bathroom, although functional, also appear dated. The overall condition is not poor, but it’s not in excellent condition either. Further, there is evidence of some minor repairs required such as the damaged window pane.

The property includes a small rear garden, which is a positive aspect. However, the size is modest and requires some maintenance. The presence of a shed is also noted.

Considering the list price of £260,000, the average price in the area is £319,444 and the average price per sqft is £322. This property is 632.60 sqft, therefore the price per sqft is approximately £411. The property is smaller than average for the area and the price per sqft is significantly higher than the average. While the location and presence of a garden are positive factors, the condition of the property and the higher-than-average price per sqft suggest that the asking price may not represent excellent value for money. The nearby comparable properties also show a range of prices, some significantly lower than the asking price for this property. Therefore, a careful consideration of the property’s condition and the local market is needed before making a decision.

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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