The Cross, Wivenhoe, Colchester, CO7
MI

The Cross, Wivenhoe, Colchester, CO7

By Michaels Property Consultants Ltd

£ 130,000

Reviews

2 out of 5 stars

Michaels Property Consultants Ltd says ..

One bedroom apartment within easy reach of Essex University and train station. Offering kitchen, living room, bedroom, bathroom, allocated parking and communal gardens. Offered for sale with no onward chain, viewing is highly advised to avoid disappointment.

Property Oracle says ..

This one-bedroom apartment located on The Cross, Wivenhoe, is marketed for £130,000. The property boasts a convenient location near Wivenhoe train station, making commuting easy and providing excellent access to Colchester and other areas. Several well-regarded primary schools are also within walking distance. The apartment itself appears to be in reasonable condition. The interior decor is functional but could benefit from updating. The provided images show a compact kitchen with essential appliances, a living area with adequate space, a bathroom with a bath and shower, and a bedroom of decent size. The lack of a private garden is a noteworthy feature. However, communal gardens are mentioned in the listing. While this apartment presents a reasonably priced entry point into the Wivenhoe housing market, prospective buyers should consider the lack of outdoor space and potentially plan for some updating, depending on their personal preferences. The property’s value is strengthened by its location and the relative ease of access to nearby amenities and transport. Prospective buyers may wish to conduct further research to determine the quality of communal garden space. The lack of accurate information on plot size and square footage in relation to price prevents a detailed price per sqft analysis. Considering the location, the proximity to amenities and schools, and the overall condition, the asking price reflects a reasonably priced entry point into the local market for a first time buyer or investor.

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
2
Bedrooms
1
Bathrooms
1
Sqft (est)
462.00

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 %
from 382,656.00 £
Est sale value
139,062.00 £
Increased by 62.70 %
from 85,470.00 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est letting value
462.00 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
63.00 %
Unchanged by 0.00 %
from 63.00 %

Agent Activity

  • Michaels Property Consultants Ltd marked this listing as sold.

  • Michaels Property Consultants Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Broomgrove Junior SchoolCommunity SchoolGood0.67 KM
Broomgrove Infant SchoolCommunity SchoolGood0.67 KM
Millfields Primary SchoolFoundation SchoolOutstanding1.19 KM
University Of EssexHigher Education InstitutionsGood2.25 KM
St Lawrence Church Of England Primary School, RowhedgeVoluntary Controlled SchoolGood2.42 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Close £ 441,66700.00 KM
Ash Grove £ 000.00 KM
Cappillar Close £ 375,00000.00 KM
Stanley Road £ 400,00000.00 KM
Woodland Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Wivenhoe6860WIV1.30 KM
Alresford (Essex)6847ALR4.14 KM
Hythe (Essex)6851HYH4.38 KM
Colchester Town6853CET6.73 KM
Colchester6861COL8.59 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Cross, Wivenhoe, Colchester, CO7 £ 130,000BUY5 / 100.00 KM
The Cross, Wivenhoe, Colchester, CO7 £ 165,000BUY5 / 100.00 KM
The Cross, Wivenhoe, Colchester, Essex, CO7 £ 425,000BUY7 / 100.00 KM
The Old Forge, The Cross, Wivenhoe £ 140,000BUY6 / 100.01 KM
The Old Forge, The Cross, Wivenhoe £ 140,000BUY7 / 100.01 KM

Nearby Properties

AddressPriceDistance
41 The Cross £ 205,0000.01 KM
32 The Cross £ 282,0000.01 KM
33 The Cross £ 480,0000.01 KM
31 The Cross £ 400,0000.01 KM
30 The Cross £ 148,0000.01 KM