Chappel, Colchester, Essex
David Burr Estate Agents logo

Chappel, Colchester, Essex

By David Burr Estate Agents

£ 1,500,000

Reviews

3 out of 5 stars

David Burr Estate Agents says ..

A five/six bedroom (one/two en-suite) partly converted barn set at the foot of a private lane offering unrivalled views across the Colne Valley and further benefiting from a quadruple cart lodge, ample private parking, and a total plot size of approximately two acres.

Property Oracle says ..

This property is a substantial barn conversion project located in the village of Chappel, Essex. The images show that this is a large property with a large amount of land, situated in a peaceful, rural setting. The conversion appears to be underway, with some elements of construction completed but other areas significantly unfinished. The interior requires extensive further work to reach a livable state, and all costs associated with the remaining renovations must be factored into the cost of purchase. The location is advantageous, providing a balance of rural living and relative proximity to transport links (Colchester and nearby train stations) and good schools. However, the isolated nature of the property might deter some buyers. The asking price is reasonable given the property’s size and land size, but the unfinished construction necessitates significant further investment, which could potentially mean its not exceptional value for money until it is completed. Potential buyers should carefully assess their budget and project completion costs before making an offer.

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

Price
7
Condition
4
Location
7
Land
8
Bedrooms
5
Bathrooms
2
Sqft (est)
3,870.27

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
540,321.00 £
Decreased by 13.91 %
from 627,601.00 £
Est sale value
1,931,264.73 £
Increased by 60.97 %
from 1,199,783.70 £
Average area rental value
2,098.00 £/mo
Increased by 28.16 %
from 1,637.00 £/mo
Est letting value
3,870.27 £/mo
from 0.00 £/mo
Est rental Yield
4.66 %
Increased by 48.88 %
from 3.13 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • David Burr Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Chappel Church Of England Controlled Primary SchoolVoluntary Controlled SchoolGood1.32 KM
Great Tey Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood1.62 KM
St Andrew'S Church Of England Voluntary Controlled Primary School, Marks TeyVoluntary Controlled SchoolGood3.91 KM
Fordham All Saints Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolOutstanding4.80 KM
Holy Trinity Cofe Primary School, Eight Ash Green And AldhamVoluntary Controlled SchoolGood5.95 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Popes Lane £ 000.00 KM
Bures Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Chappel And Wakes Colne7051CWC1.72 KM
Marks Tey6863MKT4.27 KM
Bures7085BUE6.86 KM
Kelvedon6838KEL9.94 KM

Nearby Listings

AddressPriceTypeScoreDistance
Chappel, Colchester, Essex £ 1,500,000BUY6 / 100.00 KM
Bacons Lane, Chappel £ 800,000BUY7 / 100.58 KM
Popes Lane, Chappel, Colchester, Essex, CO6 £ 775,000BUY8 / 100.66 KM
Bacons Lane, Chappel, Colchester, Essex, CO6 £ 725,000BUY6 / 100.68 KM
Chappel, Colchester, Essex £ 1,275,000BUY7 / 101.12 KM

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