Axial Drive, Colchester
WI

Axial Drive, Colchester

By William H. Brown

£ 152,000

Reviews

2 out of 5 stars

William H. Brown says ..

Offered with *NO ONWARD CHAIN* this fabulous *GROUND FLOOR APARTMENT* offers the potential to make perfect home for first time buyers. Situated on the popular *BRAISWICK PARK ESTATE* the property is ideal for *LOCAL SCHOOLS*, various shops and *COLCHESTER NORTH STATION* for London Liverpool Street.

Property Oracle says ..

This two-bedroom, one-bathroom apartment located on Axial Drive in Colchester is currently listed for £152,000. The property is part of a modern development and benefits from a convenient location near Braiswick Primary School, Colchester North Station providing good transport links and local shops.

While the exterior of the building appears well-maintained, the interior photographs reveal an incomplete finish. The flooring requires completion throughout the property, and several areas require painting, fixtures, and fitting work. The kitchen and bathroom, while functional, are similarly incomplete and lack a certain polish. The property is essentially a blank canvas and would require significant investment to complete and furnish. The absence of a garden, common for apartments, is a point to consider.

The listing price needs to be viewed in context of the incomplete state of the property. For a buyer willing to undertake renovation, this may present an opportunity, allowing them to customize the space to their preferences. Those looking for move-in ready accommodation should bear in mind the substantial costs of completing the interior. Given the proximity to transport links and a good local primary school, the location makes this property suitable for families and commuters alike, but buyers should prepare for the work ahead.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
667.36

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
478,379.00 £
Increased by 16.22 %
from 411,629.00 £
Est sale value
412,428.48 £
Increased by 35.23 %
from 304,983.52 £
Average area rental value
2,016.00 £/mo
Increased by 5.00 %
from 1,920.00 £/mo
Est letting value
1,334.72 £/mo
Unchanged by 0.00 %
from 1,334.72 £/mo
Est rental Yield
5.06 %
Decreased by 9.64 %
from 5.60 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
Braiswick Primary SchoolAcademy Sponsor LedGood0.28 KM
Kingswode Hoe SchoolAcademy Special Converter1.42 KM
St Helena SchoolAcademy ConverterGood1.50 KM
St Mary'S School For GirlsOther Independent School1.59 KM
Colchester InstituteFurther EducationRequires improvement1.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Radial Court £ 190,00000.00 KM
Warwick Bailey Close £ 000.00 KM
The Chantry £ 000.00 KM
Felicia Lane £ 335,00000.00 KM
Bonita Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester6861COL1.74 KM
Colchester Town6853CET3.55 KM
Hythe (Essex)6851HYH5.89 KM

Nearby Listings

AddressPriceTypeScoreDistance
Axial Drive, Colchester £ 170,000BUY5 / 100.00 KM
Axial Drive, Colchester £ 340,000BUY6 / 100.00 KM
Axial Drive, Colchester £ 152,000BUY5 / 100.00 KM
Axial Drive, Colchester £ 160,000BUY5 / 100.00 KM
Axial Drive, Colchester, CO4 £ 355,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
233 Axial Drive £ 420,0000.00 KM
220 Axial Drive £ 440,0000.00 KM
197 Axial Drive £ 120,6450.00 KM
191 Axial Drive £ 180,0000.00 KM
192 Axial Drive £ 415,0000.00 KM