George Williams Way, Colchester, Essex, CO1
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George Williams Way, Colchester, Essex, CO1

By Harris + Wood

£ 140,000

Reviews

2 out of 5 stars

Harris + Wood says ..

** NO ONWARD CHAIN ** This one-bedroom second floor apartment is offered to the market with no onward chain, making it an ideal purchase for first-time buyers or investors. Situated in a convenient location along George Williams Way, the property is just a stone’s throw from local amenities.

Property Oracle says ..

This one bedroom apartment is located in Colchester, Essex. The property is conveniently located near transportation links, with Colchester Town train station being only 0.76 KM away. Several primary schools are within a 1.5 KM radius, making it an attractive option for families. The apartment itself appears to be in need of some modernisation and updating, as evidenced by the images provided. The kitchen and bathroom show their age, and the bedroom is cluttered, hindering a clear assessment of its condition. The property has allocated parking, which is a valuable asset. The list price of £140,000 is significantly below the average price for the area (£332,632), and considerably lower than other nearby apartments. However, the need for renovations must be factored in when considering the value. The lack of plot size is a significant drawback, limiting outdoor space.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
525.00

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
425,000.00 £
Increased by 45.32 %
from 292,455.00 £
Est sale value
223,125.00 £
Increased by 30.37 %
from 171,150.00 £
Average area rental value
1,348.00 £/mo
Increased by 7.67 %
from 1,252.00 £/mo
Est letting value
525.00 £/mo
Unchanged by 0.00 %
from 525.00 £/mo
Est rental Yield
3.81 %
Decreased by 25.88 %
from 5.14 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Harris + Wood created the listing.

Nearby Schools

NameTypeOfstedDistance
St Thomas More'S Catholic Primary School, ColchesterAcademy Converter0.49 KM
St James' Church Of England Primary SchoolAcademy Sponsor LedGood0.66 KM
St. George'S SchoolCommunity SchoolGood0.78 KM
St John'S Green Primary SchoolCommunity SchoolGood1.39 KM
Kendall Church Of England Primary SchoolVoluntary Controlled SchoolGood1.40 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Magdalen Green £ 210,00000.00 KM
Kendall Road Folley £ 000.00 KM
The Chase £ 000.00 KM
Britannia Way £ 85,00000.00 KM
Moorside £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET0.76 KM
Hythe (Essex)6851HYH1.76 KM
Colchester6861COL2.66 KM
Wivenhoe6860WIV5.92 KM

Nearby Listings

AddressPriceTypeScoreDistance
George Williams Way, Colchester, Essex, CO1 £ 140,000BUY4 / 100.00 KM
George Williams Way, Colchester, Essex £ 160,000BUYUnknown0.00 KM
George Williams Way, Colchester , Colchester, CO1 £ 180,000BUY8 / 100.02 KM
George Williams Way, Colchester £ 140,000BUY6 / 100.03 KM
George Williams Way, Colchester £ 145,000BUY7 / 100.03 KM

Nearby Properties

AddressPriceDistance
179 George Williams Way £ 116,9500.03 KM
197 George Williams Way £ 120,0000.03 KM
177 George Williams Way £ 116,9500.03 KM
181 George Williams Way £ 135,0000.03 KM
143 George Williams Way £ 163,0000.03 KM