haart says ..
A RARE & UNIQUE INVESTMENT OPPORTUNITY IN THE DESIRABLE SHRUB END/PRETTYGATE BORDER. A MULTIPURPOSE PROPERTY WITH PROVEN BUSINESS USE
Property Oracle says ..
The property is located on Shrub End Road in Colchester, specifically in the Prettygate locality. Nearby schools include Prettygate Junior and Infant Schools, both rated ‘Good’ by Ofsted, and Paxman Academy. Colchester and Colchester Town train stations are within a reasonable distance, offering convenient transportation options.
The listing price is £550,000. The average price in the area is £433,571, and the average price per square foot is £469. The listed property is a bungalow. Nearby listings include a bungalow on the same street with the same price, and other properties ranging from £270,000 to £650,000.
Based on the images, the property requires significant renovation. The interior appears worn, with dated decor, damaged flooring, and visible repairs needed in multiple rooms. Some bathrooms appear modern, while others are in need of refurbishment.
Given the condition of the property, the price seems high compared to the average for the area, suggesting it may not represent great value for money without significant investment in renovations. The property does have a front garden.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 3
- Location
- 7
- Land
- 6
- Bedrooms
- 6
- Bathrooms
- 3
- Sqft (est)
- 1,088.00
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
- 433,571.00 £Increased by 10.56 %
- Est sale value
- 510,272.00 £Increased by 34.00 %
- Average area rental value
- 1,800.00 £/moIncreased by 17.42 %
- Est letting value
- 1,088.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.98 %Increased by 6.18 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
haart created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Prettygate Infant School | Community School | Good | 0.28 KM |
| Prettygate Junior School | Community School | Good | 0.28 KM |
| Paxman Academy | Free Schools | 0.41 KM | |
| Philip Morant School And College | Academy Converter | 0.68 KM | |
| Gosbecks Primary School | Community School | Good | 0.69 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rutland Avenue | £ 350,000 | 0 | 0.00 KM |
| Greystones Close | £ 0 | 0 | 0.00 KM |
| Bellona Way | £ 400,000 | 0 | 0.00 KM |
| Temple Road | £ 0 | 0 | 0.00 KM |
| Veritas Grove | £ 375,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colchester | 6861 | COL | 3.80 KM |
| Colchester Town | 6853 | CET | 4.14 KM |
| Hythe (Essex) | 6851 | HYH | 6.59 KM |
| Marks Tey | 6863 | MKT | 9.46 KM |
| Wivenhoe | 6860 | WIV | 9.91 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Shrub End Road, Colchester | £ 550,000 | BUY | 5 / 10 | 0.00 KM |
| Plume Avenue, Colchester, CO3 | £ 325,000 | BUY | Unknown | 0.05 KM |
| All Saints Avenue, Colchester | £ 350,000 | BUY | 7 / 10 | 0.20 KM |
| Rayner Road, Colchester, Essex, CO2 | £ 350,000 | BUY | 7 / 10 | 0.22 KM |
| All Saints Avenue, Colchester, Essex, CO3 | £ 650,000 | BUY | 7 / 10 | 0.23 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Plume Avenue | £ 265,000 | 0.07 KM |
| 14 Plume Avenue | £ 340,000 | 0.07 KM |
| 12 Plume Avenue | £ 240,000 | 0.07 KM |
| 8 Plume Avenue | £ 320,000 | 0.07 KM |
| 16 Plume Avenue | £ 300,000 | 0.07 KM |