9 Mulberry Avenue, Colchester, Essex, CO2 8RZ
By Savills
£ 200,000
Reviews
2 out of 5 stars
Savills says ..
Auction Sale - 28/01/2025 A three bedroom end of terrace house, in need of modernisation, benefitting from a front garden and to the rear a brick outbuilding, comprising storage units and WC, with extension potential subject to requisite consents, well located for the shopping and recreatio...
Property Oracle says ..
This three-bedroom end-of-terrace house in Colchester, Essex, is currently listed for £200,000. The property is presented as an auction sale. The property’s primary drawback is its severely dilapidated condition, as clearly shown in the accompanying photographs. The interior requires a complete overhaul, including replacing flooring, walls, kitchens, and bathroom. This translates into considerable renovation costs that must be factored into any purchase. The location, although in Colchester, lacks detailed information regarding its specific area within the town. While there are nearby schools and transportation links, more local context is needed to determine neighborhood desirability. The house includes a small front garden; more information regarding plot size is missing. Potential buyers should be prepared for extensive renovation works. Despite the substantial costs associated with renovations, the price may be considered reasonably competitive in the Colchester market given its condition and needs. An accurate assessment of true value requires professional inspection and a detailed understanding of local comparable sold prices, which should include sqft data. The property would be a good investment only for someone experienced in house renovations and able to assess and take the risk.
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
- 3
- Location
- 6
- Land
- 4
- Bedrooms
- 3
- Bathrooms
- 0
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Metrics YoY
- Area value
- 100 £
- Rental value
- 20 £
- Rental Yield
- 20 %
- Crime Rate
- 93 %
Agent Activity
Savills created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
St. George'S School | Community School | Good | 0.62 KM |
Monkwick Infant And Nursery School | Academy Converter | Good | 0.75 KM |
Col4 Berechurch Family Hub | Children's Centre | 0.83 KM | |
Monkwick Junior School | Academy Sponsor Led | Requires improvement | 0.83 KM |
The Thomas Lord Audley School | Academy Converter | Good | 0.85 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Windsor Close | £ 170,000 | 0 | 0.00 KM |
Kendall Road Folley | £ 0 | 0 | 0.00 KM |
Magdalen Green | £ 210,000 | 0 | 0.00 KM |
Britannia Way | £ 85,000 | 0 | 0.00 KM |
Felstead Close | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Colchester Town | 6853 | CET | 1.44 KM |
Hythe (Essex) | 6851 | HYH | 2.47 KM |
Colchester | 6861 | COL | 3.44 KM |
Wivenhoe | 6860 | WIV | 5.62 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
9 Mulberry Avenue, Colchester, Essex, CO2 8RZ | £ 200,000 | BUY | 5 / 10 | 0.00 KM |
Mulberry Avenue, Colchester | £ 350,000 | BUY | 7 / 10 | 0.07 KM |
Bourne Court, Mersea Road, Colchester, Essex, CO2 | £ 230,000 | BUY | 5 / 10 | 0.33 KM |
Colchester, | £ 350,000 | BUY | Unknown | 0.41 KM |
Queen Mary Avenue, Colchester, CO2 7PH | £ 270,000 | BUY | Unknown | 0.43 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
3 Mulberry Avenue | £ 185,000 | 0.00 KM |
12 Mulberry Avenue | £ 34,500 | 0.00 KM |
10 Mulberry Avenue | £ 302,000 | 0.00 KM |
4 Mulberry Avenue | £ 162,500 | 0.00 KM |
141 Mersea Road | £ 120,000 | 0.17 KM |