Elms Price & Co says ..

Property Oracle says ..

This four-bedroom mid-terrace house in Hatcher Crescent, Colchester, presents a potentially appealing option for families or those seeking a property within a reasonable commute to Colchester town centre. Its location near local shops, amenities, and Hythe station offers convenience, while nearby Ofsted-rated good primary schools increase its family-friendly appeal.

The property’s condition is fair. While appearing functional, some minor cosmetic updates or improvements to the kitchen and bathrooms could enhance its overall aesthetic appeal. The presence of a small rear garden offers outdoor space, though it is not particularly expansive.

The listing price of £275,000 falls within the range of nearby comparable properties. However, the absence of square footage data for both the subject and similar properties prevents a precise assessment of the price per square foot. Therefore, a conclusion on value, relative to the market, must be reached by considering location and the overall condition of the property.

Potential buyers should conduct a thorough survey to ascertain the property’s structural integrity and identify any hidden issues. This due diligence step is crucial when making a significant investment like purchasing a home. Furthermore, additional research into the specific aspects of the area, including crime rates and local services, is advised before committing to a purchase decision.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

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