Mary Lane South, Colchester, CO7
By The Agency UK
£ 280,000
Reviews
2 out of 5 stars
The Agency UK says ..
Rarely available is this two bedoomed semi detached bungalow situated in this quiet and sought after road, offering scope for improvement
Property Oracle says ..
This two-bedroom, one-bathroom property located in Mary Lane South, Colchester, presents a mixed opportunity for buyers. The listing price of £280,000 is relatively low in comparison to some neighboring areas, making it potentially appealing from a financial perspective. However, this lower price point is reflective of the property’s condition, which necessitates some work. Internally the property appears dated and requires a degree of modernization and repairs, mainly cosmetic, but some structural elements are also noticeable in the photography. Externally, the property benefits from a garden of reasonable size, which, while needing some landscaping, adds to its appeal. The location shows it to be within reasonable distance of several highly-rated primary schools and is not isolated. However, it’s important to verify transport links and the presence of shops, amenities, and other relevant infrastructure. Overall, it appears to be a suitable first-time buy property or a renovation project that would appeal to prospective buyers who are comfortable undertaking or commissioning further renovation works. Further investigation is required to fully assess the value for money based on more detailed comparable sales in Mary Lane South specifically, as the given neighbouring data is not sufficiently specific.
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
- 5
- Location
- 6
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 1,051.63
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 %
- Est sale value
- 453,252.53 £Increased by 20.73 %
- Average area rental value
- 1,334.00 £/moDecreased by 2.49 %
- Est letting value
- 1,051.63 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.57 %Decreased by 1.30 %
- Crime Rate
- 86.00 %Unchanged by 0.00 %
Agent Activity
The Agency UK created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St George'S Church Of England Primary School, Great Bromley | Voluntary Controlled School | Good | 2.13 KM |
| Great Bentley Primary School | Community School | Outstanding | 4.28 KM |
| Market Field School | Academy Special Converter | Good | 5.37 KM |
| Elmstead Primary School | Foundation School | Good | 5.84 KM |
| Lawford Church Of England Voluntary Aided Primary School | Voluntary Aided School | Outstanding | 5.92 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Camp Road | £ 500,000 | 0 | 0.00 KM |
| Stone Road | £ 0 | 0 | 0.00 KM |
| Field Mews | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Great Bentley | 6855 | GRB | 4.35 KM |
| Alresford (Essex) | 6847 | ALR | 6.08 KM |
| Manningtree | 6856 | MNG | 7.22 KM |
| Mistley | 6906 | MIS | 7.85 KM |
| Weeley | 6859 | WEE | 8.70 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mary Lane South, Great Bromley | £ 450,000 | BUY | 6 / 10 | 0.07 KM |
| Chase Road West, Great Bromley, CO7 | £ 450,000 | BUY | 7 / 10 | 0.09 KM |
| Mary Lane South, Great Bromley, Colchester, Essex, CO7 | £ 425,000 | BUY | 7 / 10 | 0.09 KM |
| Chase Road West, Essex, CO7 7 | £ 550,000 | BUY | Unknown | 0.16 KM |
| Great Bromley, Colchester | £ 500,000 | BUY | 6 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 7 Mary Lane South | £ 147,500 | 0.07 KM |
| Ronleen | £ 252,500 | 0.07 KM |
| Winton | £ 325,000 | 0.07 KM |
| Honeypot | £ 144,000 | 0.07 KM |
| Fieldview | £ 192,000 | 0.07 KM |