Worst House on the Street Logo
Queen Street, Great Oakley CO12 - Image 1
Queen Street, Great Oakley CO12 - Image 2
Queen Street, Great Oakley CO12 - Image 3
Queen Street, Great Oakley CO12 - Image 4
Queen Street, Great Oakley CO12 - Image 5

Queen Street, Great Oakley CO12

East of England

£475,000
Listed on 19/03/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
2207 sqft

Description

This historic 18th-century cottage is situated in the quaint village of Great Oakley, offering a unique opportunity for those looking to invest in a property with considerable renovation potential. Nestled on a serene back street, the home features off-street parking and an integrated double garage, providing both convenience and functionality. Upon entering, you are greeted by a spacious entrance hall that showcases a striking spiral staircase—a focal point of the home’s character. The layout is versatile and provides easy access to various living spaces, including the sizeable sitting room with its dual fireplaces. This inviting area flows into an expansive conservatory that runs along the rear of the house, bringing in ample natural light and offering access to the garden. The adjoining kitchen is well-equipped yet has potential for updates or expansions to suit modern living needs. The first floor boasts a substantial main bedroom located above the garage, complete with a dressing area and built-in wardrobes. In addition to this primary suite, there are three further double bedrooms—one featuring an en-suite bathroom—and a single room that can serve as a study or guest quarter, along with two additional bathrooms. This layout supports various living arrangements—ideal for families or those seeking rental opportunities. Externally, the property offers a low-maintenance rear garden that provides space for relaxation or entertaining. A dedicated office space in the rear annex opens up further possibilities; it includes its own bathroom and kitchen facilities, making it suitable for guest accommodation or even generating rental income. This cottage successfully blends historic charm with practical living spaces and presents an excellent renovation opportunity for investors or homeowners looking to personalize their space. Situated in such a desirable village location, this property holds significant potential for enhancing its value through thoughtful updates and improvements.

Investment Analysis

(CO12 area)

Below Market Value

This property is priced -19.5% below area average per sq ft

-19.5%
Potential saving
This Property
£215/sq ft
Area Average
£268/sq ft
Avg Rent (weekly)
£264
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£649,410
10% above area average per sq ft
Potential ROI
+12.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CO12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: 1.3%
5 year growth: 27.5%
Investment Disclaimer: Analysis based on CO12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Queen Street, Great Oakley CO12
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,740
Based on a loan of £356,250 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE