Hospital Lane, Colchester
GR

Hospital Lane, Colchester

By Greenwood Property Consultants

£ 225,000

Reviews

3 out of 5 stars

Greenwood Property Consultants says ..

A charming one-bedroom period, character cottage in a sought-after location in Saint Mary’s, within walking distance of Colchester city centre.

Property Oracle says ..

This one-bedroom property located on Hospital Lane in Colchester’s Castle area presents a compelling proposition for buyers seeking a well-maintained home in a convenient location. The property boasts a recently renovated interior, highlighted by a modern kitchen and stylish bathroom, evident in the provided photographs. The aesthetic choices appear contemporary and well-executed, appealing to modern tastes. The small rear garden offers a degree of outdoor space, although its size is not extensive. The location in Castle provides proximity to the town centre’s amenities and railway stations, making for easy access to various services and transportation hubs. Several schools are also situated nearby; however, it’s essential for prospective buyers to verify the current Ofsted ratings to gauge their suitability for their needs. The absence of plot size information in the provided data limits a full comparison against nearby properties; however, a review of local comparable properties suggests that the price of £225,000 may represent good value for money, considering the improvements and desirable location. Nevertheless, a thorough survey and detailed comparison of floor plans and amenities within comparable properties would be necessary to confirm this assessment.

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
7
Condition
8
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
540.24

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
197,727.84 £
Increased by 23.65 %
from 159,911.04 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
540.24 £/mo
Unchanged by 0.00 %
from 540.24 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Greenwood Property Consultants created the listing.

Nearby Schools

NameTypeOfstedDistance
Colchester High SchoolOther Independent School0.17 KM
Oxford House SchoolOther Independent School0.23 KM
Colchester Royal Grammar SchoolAcademy ConverterSerious Weaknesses0.33 KM
Colchester InstituteFurther EducationRequires improvement0.62 KM
The Sixth Form College ColchesterFurther EducationGood0.65 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Manor Gardens £ 000.00 KM
Topfield £ 000.00 KM
Manor Road £ 210,00000.00 KM
Maldon Court £ 000.00 KM
Balkerne Gate £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester6861COL1.45 KM
Colchester Town6853CET1.68 KM
Hythe (Essex)6851HYH4.20 KM
Wivenhoe6860WIV8.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hospital Lane, Colchester £ 225,000BUY6 / 100.00 KM
Manor Gardens, Manor Road, Colchester, CO3 £ 450,000BUY7 / 100.03 KM
Manor Road, Colchester, CO3 £ 450,000BUY7 / 100.04 KM
St Mary's, Colchester £ 260,000BUY7 / 100.06 KM
Manor Road, Colchester , Colchester, CO3 £ 300,000BUY7 / 100.06 KM

Nearby Properties

AddressPriceDistance
1 Hospital Lane £ 75,5000.01 KM
7 Hospital Lane £ 232,5000.01 KM
2 Hospital Lane £ 162,0000.01 KM
5 Hospital Lane £ 255,0000.01 KM
10 Hospital Lane £ 210,0000.01 KM