The Mill Apartments, Central Colchester, Riverside Location
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The Mill Apartments, Central Colchester, Riverside Location

By Boydens

£ 170,000

Reviews

2 out of 5 stars

Boydens says ..

A contemporary ground floor one bedroom apartment with open plan living and period features throughout. Within close distance to Colchester Town Centre and Hythe Railway Station.

Property Oracle says ..

This one-bedroom apartment at The Mill Apartments in Colchester offers a desirable location in the city centre, close to amenities and transport links. The conversion is presented well, with a modern, updated interior. The open-plan living area is bright and airy, and the kitchen seems functional and well-equipped. The bathroom is also modern and recently refitted. The building itself, a converted mill, has character. However, potential buyers should carefully investigate the service charges, structural integrity and any associated costs related to living in a converted building. The lack of private outdoor space is a downside, but is expected given the location and type of property. Overall, it represents a relatively good value option for a central Colchester apartment, but further due diligence, including a professional survey is recommended before purchase.

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
7
Location
8
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
553.27

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
202,496.82 £
Increased by 23.65 %
from 163,767.92 £
Average area rental value
1,032.00 £/mo
Decreased by 0.77 %
from 1,040.00 £/mo
Est letting value
553.27 £/mo
Unchanged by 0.00 %
from 553.27 £/mo
Est rental Yield
4.52 %
Increased by 6.86 %
from 4.23 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Boydens created the listing.

Nearby Schools

NameTypeOfstedDistance
St James' Church Of England Primary SchoolAcademy Sponsor LedGood0.42 KM
St Thomas More'S Catholic Primary School, ColchesterAcademy Converter0.73 KM
Willow Brook Primary School And NurseryAcademy Sponsor LedGood1.28 KM
St. George'S SchoolCommunity SchoolGood1.38 KM
Kendall Church Of England Primary SchoolVoluntary Controlled SchoolGood1.54 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Moorside £ 000.00 KM
The Chase £ 000.00 KM
Cowdray Avenue £ 000.00 KM
Wells Road £ 375,00000.00 KM
Magdalen Green £ 210,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET1.22 KM
Hythe (Essex)6851HYH1.48 KM
Colchester6861COL2.73 KM
Wivenhoe6860WIV5.91 KM
Alresford (Essex)6847ALR9.97 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Mill Apartments, Central Colchester, Riverside Location £ 170,000BUY5 / 100.00 KM
The Mill, East Colchester £ 330,000BUY7 / 100.01 KM
Mill apartments, East Street, Colchester £ 170,000BUY6 / 100.01 KM
Grosvenor Place, Central Colchester £ 210,000BUY6 / 100.04 KM
Grosvenor Place £ 150,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
45 Grosvenor Place £ 235,0000.06 KM
47 Grosvenor Place £ 215,0000.06 KM
25 Grosvenor Place £ 150,0000.06 KM
29 Grosvenor Place £ 197,5000.06 KM
27 Grosvenor Place £ 135,0000.06 KM