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The Park, Gutteridge Hall Lane, Weeley - Image 1
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The Park, Gutteridge Hall Lane, Weeley

East of England

£525,000
Listed on 02/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1255 sqft

Description

This three-bedroom detached home, built in 1955 and held by the same family since its inception, presents a unique opportunity in the tranquil village of Weeley. Set on approximately one acre of picturesque grounds, this property combines a charming semi-rural atmosphere with proximity to local amenities, including schools and transport links like Weeley train station. Inside, the home retains many original features that evoke a sense of history and character, yet it is clear that modernization is required. This opens the door for potential buyers to transform it into their dream residence tailored to their lifestyle needs. The property boasts a gated driveway leading to a detached garage and well-established gardens that feature mature trees and expansive lawns—ideal for families or horticultural enthusiasts looking to enhance their outdoor space. With oil-fired heating already in place and ample room for improvement, this home represents an inviting blank canvas for renovation efforts, appealing particularly to those seeking a long-term family dwelling in a serene setting.

Investment Analysis

(CO16 area)

Above Market Value

This property is priced +33.9% above area average per sq ft

+33.9%
This Property
£418/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£431,199
10% above area average per sq ft
Potential ROI
-29.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CO16)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -7.9%
5 year growth: +0.6%
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

The Park, Gutteridge Hall Lane, Weeley
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,859
Based on a loan of £393,750 over 30 years at 3.91% 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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