Knight West Property Consultants says ..

Property Oracle says ..

This three-bedroom semi-detached house located on Pearmain Way, Stanway, Colchester, is presented to the market for £300,000. The property is described as needing modernisation, and the photographs reveal an interior style which is distinctly dated. The kitchen and bathrooms, in particular, appear to require complete refurbishment. While the exterior presentation is acceptable, it is apparent that significant work would be needed to modernise and upgrade the property throughout. The property’s location in Stanway, however, is a strong point. Stanway is a well-regarded residential area in Colchester, benefiting from good local schools and convenient access to amenities. Several highly rated primary and secondary schools are within walking distance, and transportation links to Colchester town centre and further afield are easily accessible. The property also includes a small garden and a detached garage. The listed price appears reasonable compared to other recently sold properties in the vicinity, particularly given the substantial work needed. While the property is in need of a full update, the location and potential make it a viable option for buyers looking for a project. Prospective purchasers should budget for comprehensive renovations and modernisation to fully realise its potential. Overall, the property presents a significant renovation opportunity in a desirable location. Buyers should factor this into their decision-making process.

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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