Heath Farm Road, Red Lodge
RE

Heath Farm Road, Red Lodge

By Readwin Barclay

£ 280,000

Reviews

3 out of 5 stars

Readwin Barclay says ..

HEATH FARM ROAD, RED LODGE. Offered to market is this three bedroom, semi-detached bungalow, available chain free. Located in Red Lodge, this spacious property offers lots of potential, with a good sized kitchen, living and dining area, two double bedrooms, a further good sized bedroom and wet ro...

Property Oracle says ..

This three-bedroom semi-detached bungalow in Red Lodge, Suffolk, presents a mixed bag of opportunities and challenges for prospective buyers. Located on Heath Farm Road, the property offers a tranquil setting while still maintaining accessibility to nearby amenities and transport links. The Kennett train station is approximately 3.1 km away, providing rail connections. Several primary schools, including St Christopher’s Cevcp School and Kennett Primary School, are within a reasonable distance.

However, the property’s condition is a significant factor to consider. The interior photographs reveal a property that requires substantial modernisation. The flooring, décor, and overall aesthetic are dated and would benefit from complete renovation. While the kitchen appears relatively updated, the overall impression is one of a property needing significant work.

The property does benefit from a good-sized garden, which offers considerable potential for landscaping and outdoor living. The size of the plot is a positive aspect that could improve the home’s value substantially with some work.

The listing price of £280,000 requires careful consideration. The need for comprehensive renovations makes it crucial for potential buyers to budget for these costs. Comparison with similar properties in the area is essential to determine if this represents good value. It’s crucial to factor in the cost of modernization to evaluate the overall investment.

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)
923.00

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
291,250.00 £
Decreased by 2.20 %
from 297,806.00 £
Est sale value
478,114.00 £
Increased by 64.44 %
from 290,745.00 £
Average area rental value
1,505.00 £/mo
Increased by 9.69 %
from 1,372.00 £/mo
Est letting value
1,846.00 £/mo
Increased by 100.00 %
from 923.00 £/mo
Est rental Yield
6.20 %
Increased by 12.12 %
from 5.53 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Readwin Barclay marked this listing as sold.

  • Readwin Barclay created the listing.

Nearby Schools

NameTypeOfstedDistance
St Christopher'S Cevcp SchoolAcademy Sponsor LedRequires improvement1.80 KM
Kennett Primary SchoolAcademy ConverterGood2.30 KM
The Pines Primary SchoolFree Schools2.46 KM
Moulton Church Of England Voluntary Controlled Primary SchoolVoluntary Controlled SchoolGood5.32 KM
Lark Children'S CentreChildren's Centre5.67 KM

Images

IMG_8539 IMG_8244 IMG_8237 IMG_8528 IMG_8241 IMG_8536 IMG_8239 IMG_8235 IMG_8223 IMG_8225(1) IMG_8226 IMG_8214 IMG_8215 IMG_8219 IMG_8218 IMG_8543 IMG_8531

Nearby Streets

NameAverage PriceAverage SqftDistance
The Vines £ 000.00 KM
Lily Close £ 000.00 KM
Elms Road £ 000.00 KM
Falconer Road £ 000.00 KM
Rosemary Close £ 210,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Kennett7011KNE3.10 KM

Nearby Listings

AddressPriceTypeScoreDistance
Heath Farm Road, Red Lodge, Bury St Edmunds, IP28 £ 480,000BUY7 / 100.00 KM
Heath Farm Road, Red Lodge, Bury St. Edmunds £ 445,000BUY6 / 100.04 KM
Turnpike Lane, Red Lodge, BURY ST. EDMUNDS £ 575,000BUY7 / 100.20 KM
Willoway Park, Red Lodge, Bury St. Edmunds, Suffolk £ 275,000BUY6 / 100.25 KM
Willoway Country Park, Red Lodge, Bury St. Edmunds £ 175,000BUY6 / 100.34 KM

Nearby Properties

AddressPriceDistance
15 Heath Farm Road £ 155,0000.01 KM
9a Heath Farm Road £ 337,5000.01 KM
1a Heath Farm Road £ 315,0000.01 KM
9 Heath Farm Road £ 190,0000.01 KM
3 Heath Farm Road £ 187,5000.01 KM