Foundry Lane, Earls Colne, Colchester
By Scott Maddison
£ 275,000
Reviews
3 out of 5 stars
Scott Maddison says ..
An exciting opportunity has arisen to purchase this 1872 constructed, and Grade II three bedroom mid terraced cottage. The property does require modernisation, being offered with no onward chain, including an approx. 75' rear garden and off road parking. Super village location.
Property Oracle says ..
This three-bedroom mid-terraced cottage in Earls Colne, Essex, presents a mixed bag of opportunities and challenges for potential buyers. Located on Foundry Lane, the property benefits from its village setting and proximity to local amenities, including a well-regarded primary school. The train station, although a short drive away, offers a commute option to Colchester and beyond.
The property itself is in need of significant modernisation. The photographs reveal dated interior finishes, requiring a substantial investment in renovation. The kitchen and bathroom are particularly in need of updating, and other areas, such as wall repair, are also evident.
However, the property does possess some positive attributes. The inclusion of a garden is a notable advantage, providing outdoor space which is not always common with terraced houses in the area. The garden itself is of reasonable size and has potential to be further landscaped and improved.
Overall, this property presents an opportunity for someone looking for a project. The location offers appeal, but buyers should factor in a significant budget for renovations before making a decision.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 769.62
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Metrics Year-on-Year
- Average area value
- 497,102.00 £Increased by 13.17 %
- Est sale value
- 317,853.06 £Increased by 31.53 %
- Average area rental value
- 1,228.00 £/moDecreased by 1.29 %
- Est letting value
- 769.62 £/mo
- Est rental Yield
- 2.96 %Decreased by 12.94 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Scott Maddison marked this listing as sold.
Scott Maddison created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Earls Colne Primary School And Nursery | Foundation School | Good | 0.72 KM |
| Colne Engaine Church Of England Primary School | Academy Converter | 1.84 KM | |
| St John The Baptist Church Of England Voluntary Aided Primary School Pebmarsh | Voluntary Aided School | Good | 4.79 KM |
| The Honywood Community Science School | Academy Converter | Good | 5.54 KM |
| St Peter'S Church Of England Voluntary Controlled Primary School, Coggeshall | Voluntary Controlled School | Good | 5.87 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Rogers Avenue | £ 300,000 | 0 | 0.00 KM |
| Monks Road | £ 445,000 | 0 | 0.00 KM |
| Church Hill | £ 1,250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chappel And Wakes Colne | 7051 | CWC | 6.73 KM |
| Bures | 7085 | BUE | 9.33 KM |
| Kelvedon | 6838 | KEL | 9.59 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Foundry Lane, Earls Colne, Colchester | £ 275,000 | BUY | 6 / 10 | 0.00 KM |
| Foundry Lane, Earls Colne, Colchester | £ 315,000 | BUY | 6 / 10 | 0.04 KM |
| Willow Tree Way, Earls Colne, Colchester, Essex, CO6 | £ 260,000 | BUY | 6 / 10 | 0.09 KM |
| Willow Tree Way, Earls Colne, Colchester, Essex, CO6 | £ 270,000 | BUY | Unknown | 0.09 KM |
| Willow Tree Way, Earls Colne, Colchester, Essex, CO6 | £ 250,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27 Foundry Lane | £ 275,000 | 0.04 KM |
| 15 Foundry Lane | £ 172,000 | 0.04 KM |
| 20 Foundry Lane | £ 217,000 | 0.04 KM |
| 13 Foundry Lane | £ 52,500 | 0.04 KM |
| 3 Foundry Lane | £ 602,500 | 0.04 KM |