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Bay View Crescent, Little Oakley, Harwich - Image 1
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Bay View Crescent, Little Oakley, Harwich

East of England

£240,000
Listed on 02/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house

Description

Located on a spacious corner plot in the quaint village of Little Oakley, this semi-detached home presents an exciting opportunity for renovation and investment. While the property is in need of modernisation, it offers a robust layout that can be transformed into a contemporary family residence. The accommodation comprises three bedrooms, a generous 19ft kitchen/diner, and a comfortable lounge, providing ample living space for families or potential renters. The first floor features the three bedrooms along with a family bathroom, each room inviting ideas for updates that could significantly enhance their appeal. Outside, the property boasts wrap-around gardens that offer versatility and room for expansion, subject to planning permissions. Additionally, there are three outbuildings including a workshop and an outside WC, both equipped with power and light—ideal for hobbies or additional storage. A single garage located in a block at the rear further adds convenience. This home is situated within a desirable village setting known for its community feel and local amenities. Its renovation potential is notable; with thoughtful updates and personal touches, it could become an attractive dwelling or rental investment in this appealing locale.

Investment Analysis

(CO12 area)
Area Average
£268/sq ft
Avg Rent (weekly)
£264
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
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

Bay View Crescent, Little Oakley, Harwich
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£879
Based on a loan of £180,000 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.

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