Harris + Wood says ..

Property Oracle says ..

Monks Lane, Dedham, Colchester, Essex, CO7 6DZ is a detached bungalow which is currently listed for £600,000. The property has two bedrooms and one bathroom and is 1,375 sqft. The property is located in a desirable area of Dedham, Essex. Dedham is a picturesque village in the Dedham Vale Area of Outstanding Natural Beauty (AONB). The AONB offers many opportunities for outdoor recreation, including walking, cycling, and boating. The village itself has a number of amenities, including a post office, a pub, and a village shop. There are also several highly-rated primary schools within a reasonable distance. The nearest train station is Manningtree, which is approximately 7.74 km away and provides links to Colchester and London. Based on the images provided, the property is in need of modernisation and renovation. The kitchen and bathrooms appear dated and some areas show signs of wear and tear. The property has a good-sized garden. Considering the average price per sqft in the area is £344, and the property is 1,375 sqft, one might expect the property to be valued around £472,900. However, the list price is £600,000. While the location is desirable, the condition of the property and the need for significant renovation works will likely impact its value. The higher list price may reflect the desirability of the location and the potential value after renovation. However, it is important to note that the average price and price per sqft may not be entirely reflective of this specific property due to its condition.

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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