Homelea, Walton on the Naze
By Stoneridge Estates
£ 450,000
Reviews
2 out of 5 stars
Stoneridge Estates says ..
** FREEHOLD INVESTMENT OPPORTUNITY ** A chance to acquire 4 x apartments comprising 2 x two bedroom and 2 x one bedroom units plus the freehold of this prominent seafront building. This opportunity also includes four garages to the rear of the property, various parking spaces and an inst (cont.)
Property Oracle says ..
This property in Walton-on-the-Naze comprises multiple apartments, presenting an investment opportunity. Its prominent seafront location offers attractive views and convenient access to local amenities and transport, notably the Walton-on-the-Naze train station. The building appears to be in fair condition but could benefit from some cosmetic improvements. While the rear yard is limited, it offers some external space. The absence of square footage data for the building and the apartments makes definitive appraisal challenging. Compared to nearby properties, the asking price seems reasonable. Prospective buyers should conduct thorough due diligence considering the age and condition of the building, the potential rental income and maintenance costs of the multiple apartments, and the local market conditions of Walton-on-the-Naze before making a purchase decision.
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
- 7
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 6
- Bathrooms
- 4
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
- 250,908.00 £Decreased by 9.73 %
- Average area rental value
- 913.00 £/moDecreased by 40.33 %
- Est rental Yield
- 4.37 %Decreased by 33.89 %
- Crime Rate
- 46.00 %Unchanged by 0.00 %
Agent Activity
Stoneridge Estates marked this listing as sold.
Stoneridge Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Walton On The Naze Primary School | Foundation School | Good | 0.14 KM |
| Ten5 Rainbow Family Hub Delivery Site | Children's Centre Linked Site | 0.57 KM | |
| Tendring Technology College | Academy Converter | Good | 2.82 KM |
| Hamford Primary Academy | Academy Sponsor Led | Requires improvement | 3.17 KM |
| St Philomena'S School | Other Independent School | 3.42 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Orlando Court | £ 239,995 | 0 | 0.00 KM |
| Portobello Road | £ 400,000 | 0 | 0.00 KM |
| Arthur Ransome Way | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Walton-On-The-Naze | 6858 | WON | 1.06 KM |
| Frinton-On-Sea | 6854 | FRI | 3.90 KM |
| Kirby Cross | 6862 | KBX | 6.78 KM |
| Dovercourt | 6901 | DVC | 9.68 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Homelea, Walton on the Naze | £ 450,000 | BUY | 5 / 10 | 0.00 KM |
| 16 Standley Road, Walton on the Naze, Essex, CO14 8PT | £ 160,000 | BUY | Unknown | 0.04 KM |
| Standley Road, Walton-on-the-Naze | £ 350,000 | BUY | Unknown | 0.07 KM |
| Princes Esplanade, Walton On The Naze | £ 215,000 | BUY | 6 / 10 | 0.10 KM |
| Standley Road, WALTON ON THE NAZE | £ 158,000 | BUY | 5 / 10 | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 12 Standley Road | £ 215,000 | 0.13 KM |
| 10 Standley Road | £ 192,500 | 0.13 KM |
| 7 Standley Road | £ 215,000 | 0.13 KM |
| 1 Standley Road | £ 280,000 | 0.13 KM |
| 14 Standley Road | £ 237,500 | 0.13 KM |