Eld Lane, Colchester
WI

Eld Lane, Colchester

By William H. Brown

£ 150,000

Reviews

2 out of 5 stars

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 %
from 295,097.00 £
Est sale value
256,200.00 £
Increased by 23.65 %
from 207,200.00 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
700.00 £/mo
Unchanged by 0.00 %
from 700.00 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
47.00 %
Unchanged by 0.00 %
from 47.00 %

Agent Activity

  • William H. Brown created the listing.

Nearby Schools

NameTypeOfstedDistance
St John'S Green Primary SchoolCommunity SchoolGood0.35 KM
St Thomas More'S Catholic Primary School, ColchesterAcademy Converter0.78 KM
The Sixth Form College ColchesterFurther EducationGood0.81 KM
North Primary School And NurseryCommunity SchoolGood1.14 KM
St James' Church Of England Primary SchoolAcademy Sponsor LedGood1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Culver Walk £ 000.00 KM
George Street £ 000.00 KM
Queen Street £ 000.00 KM
Trinity Street £ 000.00 KM
St Botolph's Church Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET0.41 KM
Colchester6861COL1.71 KM
Hythe (Essex)6851HYH2.89 KM
Wivenhoe6860WIV6.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
Eld Lane, Colchester £ 140,000BUY5 / 100.00 KM
Eld Lane, Colchester £ 150,000BUY5 / 100.00 KM
Victoria House , Eld Lane, Colchester, CO1 £ 150,000BUY5 / 100.05 KM
Eld Lane, Colchester, Essex, CO1 £ 160,000BUY6 / 100.08 KM
Eld Lane, Colchester, Essex, CO1 £ 170,000BUY6 / 100.08 KM

Nearby Properties

AddressPriceDistance
31a Eld Lane £ 131,0000.11 KM
31c Eld Lane £ 124,9990.11 KM
37 Eld Lane £ 440,0000.12 KM
5a Osborne Street £ 180,0000.15 KM
2 Arthur Street £ 145,0000.16 KM