Kings Property says ..
DEVELOPMENT/REFURBISHMENT OPPORTUNITY TOWN CENTRE PREMISES WITH PLANNING PERMISSION TO CONVERT OFFICE BUILDING TO ONE 2 BED COTTAGE UNDER PLANNING APPLICATION 24/02400/FUL COMPLETED PROPERTY WOULD COMPRISE LIVING ROOM AND KITCHEN/DINER TO GROUND FLOOR WITH 2 BEDROOMS AND BATHROOM TO FIRST FLOOR.&...
Property Oracle says ..
This property, situated in Braintree town centre, presents a mixed bag of opportunities and challenges. Its central location is a definite advantage, offering easy access to transport, amenities, and schools. The proximity to Braintree train station, providing a link to London Liverpool Street, is a key selling point for commuters. The presence of well-regarded schools nearby also adds to its family-friendly appeal. However, the property’s condition is a significant concern. The exterior suggests it requires substantial renovation or modernisation work. The lack of information on the property’s size (square footage) and the absence of any garden or outdoor space are further limitations. The list price of £180,000 needs to be assessed carefully, considering the potential costs of renovation. A detailed internal inspection and a professional valuation are strongly recommended before making any purchasing decisions. The lack of bathroom and bedroom information is a major drawback, hindering a complete analysis. More information is needed to determine if this property represents good value for money.
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
- 4
- Location
- 7
- Land
- 1
- Bedrooms
- 0
- Bathrooms
- 0
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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 |
| Ironmonger Lane | £ 0 | 0 | 0.00 KM |
| Ironmonger Lane | £ 0 | 0 | 0.00 KM |
| Leather Lane | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Braintree | 6801 | BTR | 0.68 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 | £ 180,000 | BUY | 4 / 10 | 0.00 KM |
| New Street, Braintree, CM7 | £ 200,000 | 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 | 0.06 KM |
| Market Street, Braintree | £ 140,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14a Great Square | £ 76,000 | 0.08 KM |
| 59a High Street | £ 725,000 | 0.11 KM |
| 32 Coggeshall Road | £ 65,000 | 0.23 KM |
| 12b Coggeshall Road | £ 100,000 | 0.24 KM |
| 84 Coggeshall Road | £ 315,000 | 0.24 KM |