Foundry Lane, Earls Colne, Colchester
SC

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

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
497,102.00 £
Increased by 13.17 %
from 439,254.00 £
Est sale value
317,853.06 £
Increased by 31.53 %
from 241,660.68 £
Average area rental value
1,228.00 £/mo
Decreased by 1.29 %
from 1,244.00 £/mo
Est letting value
769.62 £/mo
from 0.00 £/mo
Est rental Yield
2.96 %
Decreased by 12.94 %
from 3.40 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Scott Maddison marked this listing as sold.

  • Scott Maddison created the listing.

Nearby Schools

NameTypeOfstedDistance
Earls Colne Primary School And NurseryFoundation SchoolGood0.72 KM
Colne Engaine Church Of England Primary SchoolAcademy Converter1.84 KM
St John The Baptist Church Of England Voluntary Aided Primary School PebmarshVoluntary Aided SchoolGood4.79 KM
The Honywood Community Science SchoolAcademy ConverterGood5.54 KM
St Peter'S Church Of England Voluntary Controlled Primary School, CoggeshallVoluntary Controlled SchoolGood5.87 KM

Images

SITTING ROOM BEDROOM TWO FRONT ELEVATION DINING ROOM KITCHEN BATHROOM BEDROOM ONE BEDROOM THREE BATHROOM REAR GARDEN REAR GARDEN DRIVEWAY AT REAR

Nearby Streets

NameAverage PriceAverage SqftDistance
Rogers Avenue £ 300,00000.00 KM
Monks Road £ 445,00000.00 KM
Church Hill £ 1,250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Chappel And Wakes Colne7051CWC6.73 KM
Bures7085BUE9.33 KM
Kelvedon6838KEL9.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
Foundry Lane, Earls Colne, Colchester £ 275,000BUY6 / 100.00 KM
Foundry Lane, Earls Colne, Colchester £ 315,000BUY6 / 100.04 KM
Willow Tree Way, Earls Colne, Colchester, Essex, CO6 £ 260,000BUY6 / 100.09 KM
Willow Tree Way, Earls Colne, Colchester, Essex, CO6 £ 270,000BUYUnknown0.09 KM
Willow Tree Way, Earls Colne, Colchester, Essex, CO6 £ 250,000BUY6 / 100.14 KM

Nearby Properties

AddressPriceDistance
27 Foundry Lane £ 275,0000.04 KM
15 Foundry Lane £ 172,0000.04 KM
20 Foundry Lane £ 217,0000.04 KM
13 Foundry Lane £ 52,5000.04 KM
3 Foundry Lane £ 602,5000.04 KM