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Second Avenue, Weeley, CO16

East of England

£225,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This extended three-bedroom semi-detached bungalow presents a solid opportunity for renovation in the sought-after village of Weeley. With convenient access to local amenities, transport links, and major roadways, it is ideally situated for those looking to invest in a property that allows for personal customization. The single-story layout features an entrance hallway leading into a living room with an adjoining dining area that opens onto the garden. The kitchen, equipped with essential appliances, requires modernizing to fully utilize its potential. Accommodation includes two main bedrooms and a versatile third room suitable as an office space or additional bedroom. Although the property benefits from double glazing and gas central heating, comprehensive refurbishment will enhance its value significantly. The front and rear gardens offer a blank slate for landscaping and gardening enthusiasts.

Investment Analysis

(CO16 area)
Area Average
£316/sq ft
Avg Rent (weekly)
£300
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (CO16)

Area prices are stable by -0.4% over the last 12 months
3 year growth: -7.9%
5 year growth: +3.9%
Investment Disclaimer: Analysis based on CO16 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

Second Avenue, Weeley, CO16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£811
Based on a loan of £168,750 over 30 years at 4.06% 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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