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Second Avenue, Weeley, CO16

East of England

£270,000

Listed on 03/07/2026

Property details

Bedrooms
3
Type
Bungalow

Description

This three-bedroom semi-detached bungalow presents a valuable opportunity for those looking to invest in a property that requires modernisation. Situated on the outskirts of a village and close to major transport links, this home offers spacious lateral living with an additional bedroom that is increasingly sought after. The layout includes an entrance porch, living room, dining area, kitchen, conservatory, shower room, and the three bedrooms. While the property has great potential, it will need some refurbishment to unlock its full value. Externally, there is off-street parking alongside a garage and a sizeable rear garden which adds to the property's appeal for families or investors alike.

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Investment analysis

(CO16 area)
Area Average
£311/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (CO16)

Area prices are falling by -5.8% over the last 12 months
3 year growth: -11.0%
5 year growth: -4.4%
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 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,020
Based on a loan of £202,500 over 30 years at 4.45% 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

Next Steps

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