Onchan, Back Lane, Monks Eleigh, Hadleigh, Suffolk, IP7 7BA
GO

Onchan, Back Lane, Monks Eleigh, Hadleigh, Suffolk, IP7 7BA

By Goldings

£ 300,000

Reviews

2 out of 5 stars

Goldings says ..

For sale by auction on Wednesday 15 May 2024 at Live Broadcast Auction Detached house on 0.42 acre site (sts)... prime for redevelopment

Property Oracle says ..

This two-bedroom, one-bathroom property located in Monks Eleigh, Suffolk is being offered for sale. The property’s primary appeal lies in its considerable plot size, offering a large garden area. However, the interior requires significant modernisation. The provided photographs show dated fittings, including carpets, kitchen units, and bathroom fixtures. Walls and the general state of the interior suggest a need for refurbishment, including potential repairs or replacements. The property’s location in Monks Eleigh offers a peaceful village atmosphere, but the lack of nearby public transport and the distance from larger towns and cities may limit its attractiveness to buyers who value quick access to amenities or commute frequently. The proximity to a few primary schools may appeal to families but this is tempered by the distance that needs to be travelled. The asking price of £300,000 reflects the requirement for renovation and the area’s market dynamics which should be carefully considered by potential buyers. Overall, this property presents a significant renovation project with the potential for significant return with improvement, but the necessary upgrades should be accounted for within the budget. The significant size of the plot is a clear positive aspect for the property.

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
4
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
1,363.00

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
269,990.00 £
Increased by 14.67 %
from 235,441.00 £
Est sale value
366,647.00 £
Increased by 35.18 %
from 271,237.00 £
Average area rental value
888.00 £/mo
Decreased by 3.06 %
from 916.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.95 %
Decreased by 15.42 %
from 4.67 %
Crime Rate
22.00 %
Unchanged by 0.00 %
from 22.00 %

Agent Activity

  • Goldings marked this listing as sold.

  • Goldings created the listing.

Nearby Schools

NameTypeOfstedDistance
Bildeston Primary SchoolCommunity SchoolGood5.03 KM
Old Buckenham Hall SchoolOther Independent School5.83 KM
Kersey Church Of England Primary SchoolAcademy Converter6.82 KM
Boxford Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolOutstanding6.88 KM
Centre Academy East AngliaOther Independent Special School7.08 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Highlands Road £ 000.00 KM
Drury Lane £ 000.00 KM
Church Road £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Monks Eleigh, Ipswich, Suffolk £ 900,000BUY8 / 100.22 KM
Monks Eleigh, Ipswich, Suffolk £ 250,000BUYUnknown0.28 KM
The Old Bakehouse, Swingleton Green, Monks Eleigh £ 475,000BUY7 / 100.28 KM
Swingleton Hill, Monks Eleigh, Ipswich, Suffolk, IP7 £ 250,000BUY6 / 100.34 KM
Swingleton Hill, Monks Eleigh, Ipswich, Suffolk, IP7 £ 525,000BUYUnknown0.35 KM

Nearby Properties

AddressPriceDistance
Magnolia Tree House £ 307,0000.22 KM
Virginia House £ 680,0000.22 KM
Springate £ 490,0000.22 KM
Eden Lodge £ 500,0000.22 KM
Clubhouse £ 355,0000.22 KM