Mill Vale Lodge, 12 Guithavon Street, Witham, Essex, CM8 1YH
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Mill Vale Lodge, 12 Guithavon Street, Witham, Essex, CM8 1YH

By Dedman Gray Auction

£ 45,000

Reviews

3 out of 5 stars

Dedman Gray Auction says ..

FOR SALE BY PUBLIC AUCTION ON THURSDAY, 12TH JUNE 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE; BUY TO LET INVESTMENT: A ONE BEDROOM LEASEHOLD RETIREMENT FLAT CONSIDERED TO BE IDEAL AS BUY TO LET INVESTMENT OR OWNER OCCUPATION

Property Oracle says ..

The property is a 1-bedroom retirement property located in Witham, Essex. Witham benefits from a relatively central location within Essex, with good access to transport links via the nearby Witham train station. The proximity to Maltings Academy (Outstanding Ofsted rating) is a positive factor for families or those considering future investment potential. The property itself appears to be in good condition based on the provided images. The interior is modern and well-maintained, suggesting minimal need for renovation. The listing price of £45,000 is significantly lower than the average house price in Witham. However, it is important to note that this property is a 1-bedroom retirement apartment, and the average price likely reflects a broader range of property types. Nearby comparable properties suggest that this price point might be reasonable for a property of this type and size in this location, although more data is needed to confirm this.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
7
Land
0
Bedrooms
1
Bathrooms
0

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
395,855.00 £
Increased by 20.96 %
from 327,272.00 £
Average area rental value
1,224.00 £/mo
Increased by 2.60 %
from 1,193.00 £/mo
Est rental Yield
3.71 %
Decreased by 15.10 %
from 4.37 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Dedman Gray Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
Maltings AcademyAcademy Sponsor LedOutstanding0.46 KM
Howbridge Infant SchoolFoundation SchoolGood0.92 KM
Howbridge Church Of England Junior SchoolAcademy Sponsor LedRequires improvement0.96 KM
Holy Family Catholic Primary SchoolAcademy Converter1.05 KM
Acorn AcademyAcademy Converter1.41 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Guithavon Court £ 000.00 KM
Nicholas Court £ 000.00 KM
Bridge Street £ 000.00 KM
Cricketers Gardens £ 416,49800.00 KM
Otter Close £ 475,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Witham6844WTM0.77 KM
Hatfield Peverel6845HAP5.29 KM
White Notley6846WNY6.16 KM
Cressing (Essex)6837CES8.62 KM
Kelvedon6838KEL8.67 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mill Vale Lodge, 12 Guithavon Street, Witham, Essex, CM8 1YH £ 45,000BUY7 / 100.00 KM
Guithavon Street, Witham, Essex, CM8 £ 70,000BUY6 / 100.02 KM
Guithavon Street, Witham, CM8 £ 70,000BUY7 / 100.02 KM
Bramston View, Mill Lane, Witham, Essex, CM8 £ 110,000BUY6 / 100.05 KM
Bramston View, Mill Lane, Witham £ 120,000BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
36 Mill Lane £ 525,0000.16 KM
50 Mill Lane £ 259,9950.16 KM
51 Guithavon Street £ 591,0000.16 KM
25 Guithavon Street £ 125,0000.16 KM
72 Mill Lane £ 260,5000.16 KM