Kings Property says ..
CONVERSION OPPORTUNITY OPPORTUNITY TO PURCHASE THIS CENTRAL OFFICE PREMISES WITH PLANNING PERMISSION TO CONVERT TO A 2 BEDROOM RESIDENTIAL COTTAGE UNDER PLANNING PERMISSION 24/02381/FUL. THE NEW COTTAGE WOULD COMPRISE OPEN LIVING/DINING AREA AND KITCH...
Property Oracle says ..
This property is a commercial unit located on New Street in Braintree, Essex. The exterior shows a building that appears to be in reasonable condition, although a full assessment requires internal viewing and details of the property’s square footage. The location is advantageous due to its proximity to Braintree town centre and the train station, making it accessible to local amenities and transport links. Several schools are within a reasonable distance. However, the lack of information regarding the property’s internal condition, size, and the absence of details about the land associated with the property, makes a comprehensive analysis challenging. The list price of £200,000 seems potentially high or low depending on the property’s size and type, compared to other nearby listings, which show significant price variations. More information is needed to accurately evaluate the property’s overall value and potential. The nearby listings show a wide range of prices and property types, making it difficult to determine the precise market value without more specific details about this particular property.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
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
- 225,714.00 £Decreased by 12.20 %
- Average area rental value
- 1,347.00 £/moIncreased by 11.60 %
- Est rental Yield
- 7.16 %Increased by 27.18 %
- Crime Rate
- 68.00 %Unchanged by 0.00 %
Agent Activity
Kings Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Francis Catholic Primary School, Braintree | Voluntary Aided School | Good | 0.63 KM |
| John Bunyan Primary School And Nursery | Community School | Good | 1.06 KM |
| John Ray Junior School | Academy Sponsor Led | Good | 1.26 KM |
| John Ray Infant School | Community School | Good | 1.26 KM |
| Notley High School And Braintree Sixth Form | Academy Converter | Serious Weaknesses | 1.35 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Market Street | £ 0 | 0 | 0.00 KM |
| The Horn Yard | £ 0 | 0 | 0.00 KM |
| Leather Lane | £ 0 | 0 | 0.00 KM |
| Ironmonger Lane | £ 0 | 0 | 0.00 KM |
| Ironmonger Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Braintree | 6801 | BTR | 0.67 KM |
| Braintree Freeport | 2053 | BTP | 2.13 KM |
| Cressing (Essex) | 6837 | CES | 4.12 KM |
| White Notley | 6846 | WNY | 6.59 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| New Street, Braintree, CM7 | £ 200,000 | BUY | 4 / 10 | 0.00 KM |
| New Street, Braintree, CM7 | £ 180,000 | BUY | 4 / 10 | 0.00 KM |
| Bellamy House, Braintree, Essex, CM7 | £ 84,995 | BUY | 5 / 10 | 0.04 KM |
| Roding House, Braintree | £ 130,000 | BUY | 5 / 10 | 0.05 KM |
| Market Street, Braintree | £ 140,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14a Great Square | £ 76,000 | 0.07 KM |
| 59a High Street | £ 725,000 | 0.11 KM |
| 32 Coggeshall Road | £ 65,000 | 0.23 KM |
| 102 Coggeshall Road | £ 260,000 | 0.24 KM |
| 84 Coggeshall Road | £ 315,000 | 0.24 KM |