Jackson & Co says ..
One bedroom investment opportunity- currently achieving 825pcm with tenant in situ
Property Oracle says ..
This one bedroom apartment is located in Greenstead, Colchester. The property benefits from being close to local amenities and transport links, with Hythe train station just 0.76km away. There are also several schools within a reasonable distance, including Kendall Church of England Primary School (1.04km) and Unity Primary Academy (1.06km), both rated as ‘Good’ by Ofsted. The apartment itself appears to be in good condition, based on the provided images. It is modern in style and well-presented. While the plot size is 0 sqft, the apartment benefits from a balcony. The asking price of £130,000 is lower than the average price for the area (£348,914), and significantly lower than the average price per sqft (£356). However, comparable properties in the area are also listed at similar prices, suggesting the price may reflect the smaller size and lack of outdoor space.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 8
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 450.00
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
- 343,500.00 £Decreased by 10.23 %
- Est sale value
- 135,450.00 £Increased by 62.70 %
- Average area rental value
- 1,207.00 £/moDecreased by 5.18 %
- Est letting value
- 450.00 £/mo
- Est rental Yield
- 4.22 %Increased by 5.76 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Jackson & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kendall Church Of England Primary School | Voluntary Controlled School | Good | 1.04 KM |
| Unity Primary Academy | Academy Sponsor Led | Good | 1.06 KM |
| Old Heath Community Primary School | Community School | Good | 1.10 KM |
| Col1 Greenstead Family Hub Delivery Site | Children's Centre | 1.49 KM | |
| University Of Essex | Higher Education Institutions | Good | 1.56 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| King Edward Quay | £ 0 | 0 | 0.00 KM |
| Phoenix Court | £ 160,000 | 0 | 0.00 KM |
| Grange Farm Park | £ 199,995 | 0 | 0.00 KM |
| Hythe Quay | £ 64,750 | 0 | 0.00 KM |
| Hythe Station Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hythe (Essex) | 6851 | HYH | 0.76 KM |
| Colchester Town | 6853 | CET | 2.96 KM |
| Wivenhoe | 6860 | WIV | 3.81 KM |
| Colchester | 6861 | COL | 4.82 KM |
| Alresford (Essex) | 6847 | ALR | 7.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Marine House, Quayside Drive | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| Quayside Drive, Colchester | £ 130,000 | BUY | 5 / 10 | 0.00 KM |
| Quayside Drive, Colchester | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Marine house , Colchester | £ 130,000 | BUY | 6 / 10 | 0.00 KM |
| Marine House , Colchester | £ 125,000 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 191 Quayside Drive | £ 219,995 | 0.04 KM |
| 385 Quayside Drive | £ 188,000 | 0.06 KM |
| 343 Quayside Drive | £ 170,000 | 0.06 KM |
| 393 Quayside Drive | £ 160,000 | 0.06 KM |
| 403 Quayside Drive | £ 175,000 | 0.06 KM |