Eriswell Drive, Lakenheath
By Molyneux Estate Agents
£ 170,000
Reviews
2 out of 5 stars
Molyneux Estate Agents says ..
Offered to the market with NO ONWARD CHAIN is this DETACHED BUNGALOW found in the village of Lakenheath. With TWO BEDROOMS, the property is in need of modernisation and refurbishment throughout. CALL NOW TO VIEW!
Property Oracle says ..
This two-bedroom detached bungalow in Lakenheath, West Suffolk, presents a mixed investment opportunity. The property is listed at £170,000 and boasts a total area of 938.67 square feet. The provided photographs reveal a property that requires substantial renovation. The kitchen, bathroom, and flooring are all in need of complete replacement or refurbishment. Walls display significant damage and require complete redecoration. The overall impression is one of significant work being required before the property becomes habitable to a modern standard. Whilst the plot size is not specified, the small garden requires landscaping. The location is a positive factor, offering access to local schools (although their Ofsted ratings could be better), transportation links via the nearby Lakenheath train station, and other amenities of Lakenheath. Nevertheless, prospective buyers must factor in the extensive renovation costs which could easily exceed a considerable amount. The property could be suitable for a buyer seeking a renovation project who is comfortable handling substantial works or for an investor looking for a potential return following significant investment and refurbishment. It’s crucial to obtain a professional survey to fully assess the structural condition and potential costs associated with the necessary works before any purchase decisions are made. Comparison with similar properties in the area, particularly those needing renovation is essential for informed decision making.
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
- 2
- Bathrooms
- 1
- Sqft (est)
- 938.67
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
- 280,735.00 £Decreased by 0.92 %
- Est sale value
- 325,718.49 £Increased by 6.12 %
- Average area rental value
- 1,338.00 £/moIncreased by 0.83 %
- Est letting value
- 938.67 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.72 %Increased by 1.78 %
- Crime Rate
- 39.00 %Unchanged by 0.00 %
Agent Activity
Molyneux Estate Agents marked this listing as sold.
Molyneux Estate Agents created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Lakenheath Community Primary School | Community School | Requires improvement | 0.87 KM |
Beck Row Primary Academy | Academy Sponsor Led | Requires improvement | 6.12 KM |
Great Heath Academy | Academy Sponsor Led | Good | 6.37 KM |
St Mary'S Church Of England Academy | Academy Converter | Good | 6.87 KM |
On Track Education Centre (Mildenhall) | Other Independent Special School | Good | 6.89 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Compass Close | £ 0 | 0 | 0.00 KM |
The Grange | £ 249,900 | 0 | 0.00 KM |
Smeeth Drove | £ 334,888 | 0 | 0.00 KM |
South Road | £ 0 | 0 | 0.00 KM |
Roughlands | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Lakenheath | 7201 | LAK | 4.47 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Eriswell Drive, Lakenheath | £ 170,000 | BUY | 5 / 10 | 0.00 KM |
Warreners Reach, Lakenheath, Brandon, Suffolk, IP27 | £ 290,000 | BUY | 6 / 10 | 0.13 KM |
Land West Eriswell Road, Lakenheath, Suffolk, IP27 9AN | £ 318,000 | BUY | 8 / 10 | 0.17 KM |
Amis Court, Lakenheath, Brandon | £ 190,000 | BUY | Unknown | 0.17 KM |
Lime Close, Lakenheath, Brandon | £ 210,000 | BUY | 5 / 10 | 0.19 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
6 Windmill Close | £ 161,000 | 0.12 KM |
16 Windmill Close | £ 165,000 | 0.12 KM |
18 Windmill Close | £ 197,500 | 0.12 KM |
9 Windmill Close | £ 292,000 | 0.12 KM |
20 Windmill Close | £ 215,000 | 0.12 KM |