Dedman Gray Auction says ..

Property Oracle says ..

Wakes Colne Lodge is a four-bedroom property situated in a semi-rural setting in Wakes Colne, Essex. The property is listed with Dedman Gray Auction and has an asking price of £650,000. The location offers a balance between tranquility and accessibility, with a train station within a reasonable distance providing links to Colchester and other areas. Several well-regarded primary schools are also within reach. However, the immediate vicinity lacks local shops and amenities. The property itself requires extensive renovation. While some rooms have attractive features, such as original wooden flooring and bay windows, they are largely cluttered and in need of modernisation. The kitchen and bathrooms are particularly dated and require complete refurbishment. The exterior requires work, with scaffolding visible in the photos. The property’s significant asset is the extensive land surrounding it, offering considerable potential for landscaping and development. The asking price appears to be within the range of comparable properties in the area, although the substantial renovation costs need to be considered. Overall, the property presents a significant project for a buyer, balancing the potential of its location and land with the considerable work required.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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