Salamanca Way, Colchester, CO2
MI

Salamanca Way, Colchester, CO2

By Michaels Property Consultants Ltd

£ 130,000

Reviews

2 out of 5 stars

Michaels Property Consultants Ltd says ..

** Guide Price £130,000 - £140,000**Situated towards the south of Colchester, within walking distance of Abbey Fields lies this one bedroom first floor apartment. Having recently been decorated by the current owner, this apartment would be ideal for any working professional, first ...

Property Oracle says ..

This one-bedroom apartment located on Salamanca Way in Colchester’s Shrub End area is presented as a well-maintained property. The provided photographs showcase a modern interior with a recently updated kitchen and bathroom, suggesting a move-in ready condition. The apartment’s proximity to several well-regarded schools, as indicated by Ofsted ratings, is a positive aspect likely to appeal to families or those seeking properties near good schooling. The relative closeness to Colchester town centre is another advantage, offering access to a wider range of amenities and transport links. However, a significant limitation is the lack of private outdoor space; the listed plot size of 0.00 sqft confirms the absence of a garden. The price point of £130,000 appears to be within a competitive range considering other nearby properties, although the absence of precise square footage data on comparable listings makes direct price-per-square-foot comparisons unreliable. For prospective buyers, the absence of outdoor space may outweigh the positive aspects of the property’s location and condition, making it crucial to weigh these factors based on individual preferences and priorities.

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
8
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
783.07

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
326,540.19 £
Increased by 30.31 %
from 250,582.40 £
Average area rental value
1,264.00 £/mo
Increased by 3.02 %
from 1,227.00 £/mo
Est letting value
783.07 £/mo
Unchanged by 0.00 %
from 783.07 £/mo
Est rental Yield
5.25 %
Increased by 26.20 %
from 4.16 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • Michaels Property Consultants Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St Michael'S Primary School And Nursery, ColchesterCommunity SchoolGood0.38 KM
Iceni AcademyAcademy Sponsor LedGood0.43 KM
King'S Ford Infant School And NurseryCommunity SchoolGood0.43 KM
Montgomery Junior School, ColchesterCommunity SchoolGood0.65 KM
Montgomery Infant School And Nursery, ColchesterCommunity SchoolOutstanding0.65 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Rutland Avenue £ 350,00000.00 KM
Burney Walk £ 425,00000.00 KM
James Ward Road £ 450,00000.00 KM
St Michaels Road £ 000.00 KM
Hawaii Drive £ 377,49800.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET3.76 KM
Colchester6861COL4.07 KM
Hythe (Essex)6851HYH5.99 KM
Wivenhoe6860WIV8.91 KM

Nearby Listings

AddressPriceTypeScoreDistance
Salamanca Way, Colchester, CO2 £ 130,000BUY5 / 100.00 KM
Salamanca Way, Colchester, Colchester, CO2 £ 220,000BUY7 / 100.00 KM
Salamanca Way, Colchester £ 150,000BUYUnknown0.01 KM
Salamanca Way, Colchester, Essex, CO2 £ 200,000BUY7 / 100.01 KM
Salamanca Way, Colchester £ 160,000BUYUnknown0.01 KM

Nearby Properties

AddressPriceDistance
3 Salamanca Way £ 295,0000.01 KM
17 Salamanca Way £ 200,0000.01 KM
9 Salamanca Way £ 265,0000.01 KM
1 Salamanca Way £ 300,0000.01 KM
4 Salamanca Way £ 239,0000.01 KM