William H. Brown says ..
ATTENTION INVESTORS! Located in the heart of Colchester's city centre is this well presented two bedroom first floor apartment with tenant in situ. The property is offered with NO ONWARD CHAIN and is presented in good decorative order throughout with modern kitchen and bathroom.
Property Oracle says ..
This two-bedroom, one-bathroom apartment located on Eld Lane in Colchester’s city centre is listed for £150,000. The property’s central location offers convenient access to Colchester Town train station and several well-regarded schools. The interior photographs reveal a reasonably well-maintained apartment with modern kitchen and bathroom fittings. However, the living area shows signs of daily use and wear, particularly visible in some carpet staining. A notable disadvantage is the complete lack of any outdoor space. In terms of comparable properties, several other two-bedroom apartments in Colchester’s city centre are listed within a similar price range, though square footage data for these comparisons is limited. Overall, this property presents a reasonably priced city centre option for buyers who prioritize convenience and location above features like a garden or extremely high-end finishes. Further due diligence is required to confirm the property’s condition, which, while visually reasonable, could potentially reveal maintenance needs beyond what is apparent in the images. The absence of details about the apartment’s specific features, such as the year of construction, the type of heating system, and whether it includes parking, hinders a more thorough assessment.
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)
- 700.00
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
- 273,747.00 £Decreased by 7.23 %
- Est sale value
- 256,200.00 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 700.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 47.00 %Unchanged by 0.00 %
Agent Activity
William H. Brown created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St John'S Green Primary School | Community School | Good | 0.35 KM |
| St Thomas More'S Catholic Primary School, Colchester | Academy Converter | 0.78 KM | |
| The Sixth Form College Colchester | Further Education | Good | 0.81 KM |
| North Primary School And Nursery | Community School | Good | 1.14 KM |
| St James' Church Of England Primary School | Academy Sponsor Led | Good | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Culver Walk | £ 0 | 0 | 0.00 KM |
| George Street | £ 0 | 0 | 0.00 KM |
| Queen Street | £ 0 | 0 | 0.00 KM |
| Trinity Street | £ 0 | 0 | 0.00 KM |
| St Botolph's Church Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colchester Town | 6853 | CET | 0.41 KM |
| Colchester | 6861 | COL | 1.71 KM |
| Hythe (Essex) | 6851 | HYH | 2.89 KM |
| Wivenhoe | 6860 | WIV | 6.99 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Eld Lane, Colchester | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Eld Lane, Colchester | £ 150,000 | BUY | 5 / 10 | 0.00 KM |
| Victoria House , Eld Lane, Colchester, CO1 | £ 150,000 | BUY | 5 / 10 | 0.05 KM |
| Eld Lane, Colchester, Essex, CO1 | £ 160,000 | BUY | 6 / 10 | 0.08 KM |
| Eld Lane, Colchester, Essex, CO1 | £ 170,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 31a Eld Lane | £ 131,000 | 0.11 KM |
| 31c Eld Lane | £ 124,999 | 0.11 KM |
| 37 Eld Lane | £ 440,000 | 0.12 KM |
| 5a Osborne Street | £ 180,000 | 0.15 KM |
| 2 Arthur Street | £ 145,000 | 0.16 KM |