Maldon Road, Colchester, CO3
BE

Maldon Road, Colchester, CO3

By Beresfords

£ 120,000

Reviews

3 out of 5 stars

Beresfords says ..

** NO ONWARD CHAIN ** A well-presented ground floor retirement apartment with direct garden access, set in a popular Colchester development for over 60s. Features include a 24-hour emergency call system, visiting Development Manager, communal facilities, and easy access to local shops, transport,...

Property Oracle says ..

The property is a 1-bedroom apartment located in Maldon Court, Colchester, Essex. It is listed at £120,000 and has 437 sqft of living space. The average price for properties in the area is significantly higher at £332,632, with an average price per sqft of £378. The apartment appears to be in reasonable condition, though some updating may be desirable. The images show a relatively clean and well-maintained interior, although the decor is dated. The property benefits from a communal garden area, which is a positive feature. The location is good, with several schools within a reasonable distance. Colchester Town train station is also relatively close by, offering convenient access to transport links. However, the limited plot size is a notable factor. Considering the average price per sqft in the area is £378, and this property is listed at a price significantly below the average, it offers potential value for money, especially for a first-time buyer or investor looking for a property that requires minimal renovation. However, the smaller size of the apartment and limited plot size should be considered.

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
7
Location
8
Land
5
Bedrooms
1
Bathrooms
1
Sqft (est)
437.00

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
185,725.00 £
Increased by 30.37 %
from 142,462.00 £
Average area rental value
1,348.00 £/mo
Increased by 7.67 %
from 1,252.00 £/mo
Est letting value
437.00 £/mo
Unchanged by 0.00 %
from 437.00 £/mo
Est rental Yield
3.81 %
Decreased by 25.88 %
from 5.14 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • Beresfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Colchester High SchoolOther Independent School0.20 KM
Oxford House SchoolOther Independent School0.49 KM
Colchester Royal Grammar SchoolAcademy ConverterSerious Weaknesses0.55 KM
The Sixth Form College ColchesterFurther EducationGood0.65 KM
Hamilton Primary SchoolCommunity SchoolOutstanding0.74 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Maldon Court £ 000.00 KM
Manor Road £ 210,00000.00 KM
Manor Gardens £ 000.00 KM
Essex Street £ 000.00 KM
Topfield £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET1.42 KM
Colchester6861COL1.66 KM
Hythe (Essex)6851HYH3.94 KM
Wivenhoe6860WIV7.81 KM

Nearby Listings

AddressPriceTypeScoreDistance
Maldon Road, Colchester, CO3 £ 120,000BUY6 / 100.00 KM
Maldon Court, Maldon Road £ 120,000BUY7 / 100.03 KM
Maldon Road, Colchester, CO3 £ 120,000BUY7 / 100.03 KM
Maldon Road, Colchester, Essex, CO3 £ 100,000BUY6 / 100.03 KM
Maldon Road, Colchester £ 100,000BUYUnknown0.03 KM

Nearby Properties

AddressPriceDistance
43 Maldon Road £ 130,0000.03 KM
23 Maldon Road £ 170,0000.03 KM
49 Maldon Road £ 105,0000.03 KM
71 Maldon Road £ 208,0000.03 KM
35 Maldon Road £ 110,0000.03 KM