Mary Lane South, Colchester, CO7
TH

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 %
from 354,508.00 £
Est sale value
453,252.53 £
Increased by 20.73 %
from 375,431.91 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
1,051.63 £/mo
Unchanged by 0.00 %
from 1,051.63 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
86.00 %
Unchanged by 0.00 %
from 86.00 %

Agent Activity

  • The Agency UK created the listing.

Nearby Schools

NameTypeOfstedDistance
St George'S Church Of England Primary School, Great BromleyVoluntary Controlled SchoolGood2.13 KM
Great Bentley Primary SchoolCommunity SchoolOutstanding4.28 KM
Market Field SchoolAcademy Special ConverterGood5.37 KM
Elmstead Primary SchoolFoundation SchoolGood5.84 KM
Lawford Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolOutstanding5.92 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Camp Road £ 500,00000.00 KM
Stone Road £ 000.00 KM
Field Mews £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Great Bentley6855GRB4.35 KM
Alresford (Essex)6847ALR6.08 KM
Manningtree6856MNG7.22 KM
Mistley6906MIS7.85 KM
Weeley6859WEE8.70 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mary Lane South, Great Bromley £ 450,000BUY6 / 100.07 KM
Chase Road West, Great Bromley, CO7 £ 450,000BUY7 / 100.09 KM
Mary Lane South, Great Bromley, Colchester, Essex, CO7 £ 425,000BUY7 / 100.09 KM
Chase Road West, Essex, CO7 7 £ 550,000BUYUnknown0.16 KM
Great Bromley, Colchester £ 500,000BUY6 / 100.18 KM

Nearby Properties

AddressPriceDistance
7 Mary Lane South £ 147,5000.07 KM
Ronleen £ 252,5000.07 KM
Winton £ 325,0000.07 KM
Honeypot £ 144,0000.07 KM
Fieldview £ 192,0000.07 KM