Tenpenny Hill, Thorrington, Colchester
LE

Tenpenny Hill, Thorrington, Colchester

By Leaders Sales

£ 475,000

Reviews

2 out of 5 stars

Leaders Sales says ..

This four bedroom detached house was built by the current owner's parents in 1957 and has fantastic potential to create a family home. The property is situated in the semi-rural location of Thorrington within 7 miles of Colchester city centre and 8 miles of Clacton-on-Sea. ...

Property Oracle says ..

This four-bedroom detached house in Thorrington, Essex, presents a unique opportunity for a buyer seeking a project. Built in 1957, the property offers significant potential but requires extensive modernisation and renovation. The interior features dated finishes, with kitchens and bathrooms in need of complete overhauls. The exterior is overgrown and requires significant landscaping work to enhance curb appeal and usability. The property includes a garden of a size that requires further clarification with supporting data. A garage and greenhouse are also present, requiring attention. The location is appealing, offering a semi-rural setting while maintaining convenient access to Colchester and Clacton-on-Sea. Nearby schools offer varying Ofsted ratings, with some performing well. Train connections to other areas in Essex and beyond are readily available via nearby stations such as Alresford, Great Bentley, and Wivenhoe. Overall, the property represents a substantial undertaking, requiring financial investment and a dedicated renovation approach. Prospective buyers should carefully weigh the costs of refurbishment against the potential long-term value enhancement after renovation. The provided price appears reasonable in light of similar properties in the area, although the extent of renovation required should be carefully considered. More specific data on plot size and comparable local property pricing would assist in a more comprehensive valuation.

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
4
Location
6
Land
5
Bedrooms
4
Bathrooms
0
Sqft (est)
1,000.00

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
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
431,000.00 £
Increased by 20.73 %
from 357,000.00 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
1,000.00 £/mo
Unchanged by 0.00 %
from 1,000.00 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Leaders Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Alresford Primary SchoolCommunity SchoolGood2.45 KM
Colne Community School And College (Secondary And 16 To 19 Provision)Academy Converter2.84 KM
Brightlingsea Primary School And NurseryCommunity SchoolRequires improvement3.77 KM
Market Field SchoolAcademy Special ConverterGood4.73 KM
Great Bentley Primary SchoolCommunity SchoolOutstanding4.82 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Brick Kiln Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Alresford (Essex)6847ALR2.74 KM
Great Bentley6855GRB4.93 KM
Wivenhoe6860WIV7.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tenpenny Hill, Thorrington, Colchester £ 475,000BUY5 / 100.00 KM
Brooklands View, Tenpenny Hill, Thorrington £ 825,000BUY8 / 100.17 KM
Tenpenny Hill, Thorrington £ 825,000BUY7 / 100.25 KM
Brick Kiln Lane, Thorrington, Colchester, CO7 £ 595,000BUYUnknown0.37 KM
Tenpenny Hill, Thorrington, Colchester, Essex, CO7 £ 775,000BUY6 / 100.66 KM

Nearby Properties

AddressPriceDistance
Reeves Grove £ 740,0000.01 KM
Willow Cottage £ 380,0000.01 KM
Westside £ 315,0000.01 KM
Sunnyside £ 374,5000.01 KM
The Oaks £ 400,0000.01 KM