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Second Avenue, Weeley CO16 - Image 1
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Second Avenue, Weeley CO16

East of England

£225,000
Listed on 24/03/2026

Property Details

Bedrooms
3
Type
Semi Detached Bungalow

Description

This extended three-bedroom semi-detached bungalow presents a promising opportunity for those looking to invest in a property ripe for renovation in the desirable village of Weeley. The residence, positioned conveniently near local amenities, the mainline railway station, and major road access (A133/A120), is perfect for buyers wishing to put their personal touch on a blank canvas. Currently featuring double glazing and gas central heating, the accommodation comprises an entrance hallway, living room, dining area, kitchen, shower room, two main bedrooms, and an adaptable third room suitable as a bedroom or home office. Both front and rear gardens require landscaping and care, adding further potential for outdoor enhancement.

Investment Analysis

(CO16 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Second Avenue, Weeley CO16
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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
£797
Based on a loan of £168,750 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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