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3 bed detached house for sale

£375,000 Offers over

Broad Lanes, Elmstead, Colchester, Essex CO7

3
Interested in this property? Call +44 1206 915915 * or

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Property features

  • Tenure: Freehold

Property description

Sitting in a plot of 2/3rds of an acre in a semi rural position close to Wivenhoe and Elmstead is this detached home offering massive potential to redevelop into a spacious property using permitted development. Currently offering, three bedrooms, ample parking and potential to purchase a further parcel of land this unique opportunity would offer the new owners the chance to design and build their dream property.



Information
Please contact our Office for further information. We would recommend a viewing of the property to discuss the permitted development and possibilities.

Plot
Plot size is two thirds of an acre.

Existing Property
The existing property is a liveable and usable unit at present and offers four bedrooms and excellent general accommodation. The property will need some finishing off and remodelling as part of the permitted development but is in good general condition with all services connected.

Agents Note
The vendor has been seeking to gain planning permission to redevelop the whole site but as this stage has been unsuccessful but a new owner could look to take the application to appeal or make a new application with different planning.


Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £310,955 Sales 479 Current average value £333,397 (Zoopla Zed-Index) Value change £8,052 ▲ 2.48%

Property value data/graphs for CO7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £441,300 £302 3.7 £416,417
Semi-detached £258,111 £273 3.0 £251,150
Terraced £235,032 £277 2.6 £222,799
Flats £194,148 £310 2.0 £180,425

Current asking prices in CO7

Average: £404,836
Avg. current asking prices in CO7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £135,406
(6)
£243,295
(32)
£344,529
(65)
£538,800
(61)
£618,785
(14)
Flats £115,997
(5)
£284,286
(7)
£257,475
(2)
- -
All £126,584
(11)
£250,652
(39)
£341,930
(67)
£538,800
(61)
£618,785
(14)

Current asking rents in CO7

Average: £1,352 pcm
Avg. current asking prices in CO7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £524 pcm
(1)
£1,101 pcm
(1)
£1,239 pcm
(6)
£1,486 pcm
(6)
£1,850 pcm
(4)
Flats £537 pcm
(2)
£741 pcm
(3)
- £750 pcm
(1)
-
All £533 pcm
(3)
£831 pcm
(4)
£1,239 pcm
(6)
£1,381 pcm
(7)
£1,850 pcm
(4)

Fun facts for CO7

Highest value in CO7
Highest value streets Zed-Index
Coles Oak Lane £1,183,063
Lower Street £1,075,103
Hadleigh Road £1,004,067
Long Road East £928,895
Hop Meadow £862,662
Highest turnover in CO7
Highest turnover streets Turnover
Meadow Close 54.3%
Beaumont Avenue 50.0%
Heckfords Road 50.0%
De Vere Close 46.2%
Oysters Reach 45.8%

What Zoopla users think of Elmstead

Overall rating:

  • currently 3.5 stars
Good - 71% (13 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Elmstead:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Wivenhoe (1.5 miles)
  • Alresford (Essex) (1.6 miles)
  • Hythe (Essex) (2.3 miles)
  • London Southend Airport (24.1 miles)
  • London Stansted Airport (31.7 miles)
  • Manston Airport (40.0 miles)
  • Brightlingsea Ferry Landing (5.1 miles)
  • Point Clear Ferry Landing (5.2 miles)
  • Harwich International Ferry Terminal (12.9 miles)

Nearby schools

View all schools in Tendring
  • Broomgrove Infant School (1.0 mile)
  • Broomgrove Junior School (1.0 mile)
  • Elmstead Primary School (1.0 mile)
  • The Sixth Form College Colchester (3.7 miles)
  • Colchester Institute (4.0 miles)
  • Belstead House Adult Education Centre (12.6 miles)
  • Market Field School (0.9 miles)
  • Colchester Academy (2.2 miles)
  • The Thomas Lord Audley School (3.2 miles)
Note: Distances are straight line measurements

Local info for Tendring

About the neighbours in CO7

AskMe Q&A for Tendring

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For more information about this property, please contact
Michaels Property Consultants, CO7 on +44 1206 915915 * (local rate)

Monthly running costs Beta

£1,704 Monthly total

Mortgage

Purchase price
Deposit (10%) 37,500
Repayment term 25
Interest rate 1.5
Your payment £1,349 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £100,000 Average insurance cost £20/mo (£240/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £47 Electricity £51 Estimated energy cost £98/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 17400 kWh/year
Electricity: 4300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tendring

Estimated tax band E Council tax cost £193 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £19 Sewerage £25 Estimated water cost £44 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Michaels Property Consultants about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Michaels Property Consultants, and do not constitute property particulars. Please contact Michaels Property Consultants for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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