Gloucester Avenue, Colchester, CO2
AB

Gloucester Avenue, Colchester, CO2

By Abbotts

£ 325,000

Reviews

2 out of 5 stars

Abbotts says ..

We are pleased to offer this investment opportunity which is currently producing a yield of approximately 10% per annum. The property has been converted into a house of multi occupation and consists of five internal bedrooms with two en-suites, communal kitchen as well as a self contained studio ...

Property Oracle says ..

This property is a six-bedroom, three-bathroom terraced house located in Shrub End, Colchester. The location benefits from being close to several schools, including Iceni Academy and King’s Ford Infant School, both rated as “Good” by Ofsted. Colchester Town train station is approximately 3.57km away, providing convenient access to transport links. The property itself has a relatively small garden. While the house is spacious with 1,033.84 sqft, the images suggest it could benefit from some modernisation. The list price of £325,000 is slightly above the average price of £323,297 for the area, but the higher number of bedrooms and the presence of a garden could justify this to some extent. However, a direct comparison is difficult due to the lack of sqft data for nearby properties.

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
6
Condition
6
Location
7
Land
4
Bedrooms
6
Bathrooms
3
Sqft (est)
1,033.84
Lot (est)
1,452.00

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
288,750.00 £
Decreased by 18.46 %
from 354,129.00 £
Est sale value
431,111.28 £
Increased by 30.31 %
from 330,828.80 £
Average area rental value
1,264.00 £/mo
Increased by 3.02 %
from 1,227.00 £/mo
Est letting value
1,033.84 £/mo
Unchanged by 0.00 %
from 1,033.84 £/mo
Est rental Yield
5.25 %
Increased by 26.20 %
from 4.16 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Abbotts created the listing.

Nearby Schools

NameTypeOfstedDistance
Iceni AcademyAcademy Sponsor LedGood0.19 KM
King'S Ford Infant School And NurseryCommunity SchoolGood0.19 KM
Paxman AcademyFree Schools0.71 KM
St Michael'S Primary School And Nursery, ColchesterCommunity SchoolGood0.96 KM
Philip Morant School And CollegeAcademy Converter0.97 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Rutland Avenue £ 350,00000.00 KM
Overstone Court £ 183,05600.00 KM
Rayleigh Mansions £ 300,00000.00 KM
Venus Road £ 375,00000.00 KM
Bellona Way £ 400,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET3.57 KM
Colchester6861COL3.61 KM
Hythe (Essex)6851HYH5.93 KM
Wivenhoe6860WIV9.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Gloucester Avenue, Colchester, CO2 £ 325,000BUY5 / 100.00 KM
Gloucester Avenue, Colchester, CO2 £ 350,000BUYUnknown0.00 KM
Gloucester Avenue, Colchester £ 300,000BUY6 / 100.05 KM
Gloucester Avenue, Colchester, CO2 £ 275,000BUY6 / 100.10 KM
Eldred Avenue, Colchester £ 375,000BUY6 / 100.19 KM

Nearby Properties

AddressPriceDistance
20 Gloucester Avenue £ 89,0960.00 KM
39 Gloucester Avenue £ 240,0000.00 KM
10 Gloucester Avenue £ 96,0000.00 KM
37 Gloucester Avenue £ 340,0000.00 KM
19 Gloucester Avenue £ 170,0000.05 KM