St. Peters Street, Colchester, Essex
LE

St. Peters Street, Colchester, Essex

By Leaders Sales

£ 160,000

Reviews

2 out of 5 stars

Leaders Sales says ..

This two bedroom apartment is located in the North of Colchester and is offered to the market with no onward chain. This property would be perfectly suited for an investment or first time purchase. The property is within walking distance to the City Centre which offers a wide range of...

Property Oracle says ..

This two-bedroom apartment in Colchester, Essex, is listed at £160,000. Its location on St. Peters Street places it conveniently close to Colchester Town train station (less than a kilometer away), making commutes straightforward. Several schools with good Ofsted ratings are within walking distance, adding to its family-friendliness. The apartment itself, judging by the provided images, shows signs of age but is generally habitable. The kitchen shows some signs of wear and tear and may benefit from modernization; the living space presents as adequate but requires updating to meet modern standards. The property lacks a private garden, which is expected given its apartment status. The lack of detailed property size and nearby listing sqft measurements makes it difficult to determine whether the property is priced appropriately but from limited comparison it appears to be fairly valued for the area and type of property. Overall, the property presents a viable option for first-time buyers or investors seeking a conveniently located apartment in Colchester, but potential buyers should factor in renovation costs to bring the property up to contemporary standards. A buyer could be expected to undertake some renovations to modernise. Prospective buyers should conduct their own due diligence to confirm the accuracy of property condition and price information.

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)
534.97

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
195,799.02 £
Increased by 23.65 %
from 158,351.12 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
534.97 £/mo
Unchanged by 0.00 %
from 534.97 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Leaders Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
The Sixth Form College ColchesterFurther EducationGood0.56 KM
North Primary School And NurseryCommunity SchoolGood0.59 KM
St John'S Green Primary SchoolCommunity SchoolGood0.77 KM
St Thomas More'S Catholic Primary School, ColchesterAcademy Converter1.11 KM
Colchester InstituteFurther EducationRequires improvement1.18 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Riverside Walk £ 290,00000.00 KM
Angel's Court £ 000.00 KM
Albert Street £ 177,50000.00 KM
George Street £ 000.00 KM
Trinity Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET0.97 KM
Colchester6861COL1.11 KM
Hythe (Essex)6851HYH3.24 KM
Wivenhoe6860WIV7.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
St. Peters Street, Colchester, Essex £ 135,000BUY5 / 100.00 KM
St. Peters Street, Colchester, Essex £ 160,000BUY5 / 100.00 KM
St Peters Street, Colchester, Colchester, CO1 £ 150,000BUY5 / 100.01 KM
Stuart House, Colchester £ 170,000BUY5 / 100.01 KM
Stuart House, St. Peters Street, Colchester £ 150,000BUY5 / 100.02 KM

Nearby Properties

AddressPriceDistance
17 St Peters Street £ 227,5000.08 KM
15 St Peters Street £ 100,0000.08 KM
83 Northgate Street £ 225,0000.10 KM
67 Northgate Street £ 292,0000.10 KM
37 Northgate Street £ 223,0000.10 KM