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Back Lane, Great Oakley, Harwich

East of England

£325,000

Listed on 28/05/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1154 sqft

Description

Situated at the end of a tranquil lane in the charming village of Great Oakley, this detached bungalow presents an investment opportunity for those looking to create a personalized living space. With two to three bedrooms and a layout that encourages creativity, the property boasts generous natural light through its dual-aspect lounge and offers versatile room usage, including a potential third bedroom or dining area. The kitchen is equipped with essential fittings but may benefit from modernization to meet contemporary standards. Adjoining the kitchen is a conservatory that can be transformed into a delightful sunroom overlooking the garden. The exterior features ample off-road parking and a spacious rear garden adorned with established fruit trees, providing an excellent canvas for outdoor enhancements. Located just minutes from Harwich’s historic town center and its coastal amenities, this property not only offers comfortable living but also significant renovation potential to maximize its value.

Investment Analysis

(CO12 area)

Above Market Value

This property is priced +8.0% above area average per sq ft

+8.0%
This Property
£282/sq ft
Area Average
£261/sq ft
Avg Rent (weekly)
£219
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£330,933
10% above area average per sq ft
Potential ROI
-9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (CO12)

Area prices are stable by -1.6% over the last 12 months
3 year growth: +0.3%
5 year growth: +8.7%
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

Back Lane, Great Oakley, Harwich
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,159
Based on a loan of £243,750 over 30 years at 3.97% 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.

Stamp Duty Calculator

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