Percival & Company says ..

Property Oracle says ..

This property is a 2 bedroom bungalow located in Earls Colne, Essex. It is listed at £395,000 and has 451.25 sqft of living space and a 617 sqft plot.

The property appears to be in excellent condition. The images show a recently renovated interior with modern fixtures and fittings. The kitchen and bathroom are modern and well-maintained. There is also a well-maintained garden with a patio area.

The property is located close to Earls Colne Primary School and Nursery which is rated as ‘Good’ by Ofsted. There are also several other schools within a reasonable distance. The nearby train stations at Chappel and Wakes Colne, Bures and Kelvedon provide access to Colchester and beyond.

The average house price in the area is £553,250, significantly higher than the asking price of this property. The average price per sqft is £268, while this property is listed at a much lower price per sqft. However, it is important to note that the average sqft for the area is significantly larger (2058 sqft) than this property (451.25 sqft). The smaller size and lower price per sqft may be reflective of the smaller plot size and bungalow style. Given the condition and location, the list price appears reasonable, although further investigation of comparable properties would be beneficial to confirm this.

Considering the factors above, the property is likely to be of interest to buyers looking for a well-maintained, modern property in a convenient location.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images