Jackson & Co ltd says ..
***GUIDE PRICE £125,000 TO £140,000*** ***POTENTIAL RENTAL OF £700pcm - 5.6 % - 6 % YIELD*** John Alexander is pleased to introduce a delightful one-bedroom property that offers the perfect blend of comfort and convenience, ideally situated within a short walking distance to the...
Property Oracle says ..
This one-bedroom property in Colchester, Essex is listed at £125,000. Situated on Friday Wood Green, it offers convenient access to Colchester Town train station, providing links to other areas. Nearby schools include well-regarded options like Monkwick Infant and Nursery School. The property itself is presented in a functional but dated state, requiring some modernisation to enhance its appeal. The kitchen and bathroom seem adequately equipped but could benefit from updating. The living space appears cluttered in the photos, making it difficult to fully assess its condition. A significant drawback is the lack of outdoor space, which may be a deal-breaker for many potential buyers. Comparatively, prices of similar properties on Friday Wood Green are consistent with the listing price. This listing would appeal more to first-time buyers or investors seeking a property that requires minimal initial investment but could be improved upon to increase the value. A thorough viewing is recommended to assess the property’s true condition and potential.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 680.00
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
- 338,750.00 £Increased by 18.72 %
- Est sale value
- 235,280.00 £Increased by 9.84 %
- Average area rental value
- 958.00 £/moDecreased by 17.34 %
- Est letting value
- 0.00 £/moDecreased by 100.00 %
- Est rental Yield
- 3.39 %Decreased by 30.39 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Jackson & Co ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cherry Tree Academy | Academy Sponsor Led | Requires improvement | 0.72 KM |
| Col4 Berechurch Family Hub | Children's Centre | 1.16 KM | |
| Monkwick Junior School | Academy Sponsor Led | Requires improvement | 1.16 KM |
| Monkwick Infant And Nursery School | Academy Converter | Good | 1.19 KM |
| The Thomas Lord Audley School | Academy Converter | Good | 1.23 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Felstead Close | £ 0 | 0 | 0.00 KM |
| Bevan Close | £ 0 | 0 | 0.00 KM |
| Morello Court | £ 330,000 | 0 | 0.00 KM |
| Parnell Close | £ 0 | 0 | 0.00 KM |
| Fremantle Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colchester Town | 6853 | CET | 3.20 KM |
| Hythe (Essex) | 6851 | HYH | 4.11 KM |
| Colchester | 6861 | COL | 4.92 KM |
| Wivenhoe | 6860 | WIV | 5.86 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Friday Wood Green, Colchester | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Friday Wood Green | £ 125,000 | BUY | 4 / 10 | 0.00 KM |
| Friday Wood Green, Colchester, Essex | £ 300,000 | BUY | 7 / 10 | 0.06 KM |
| Lethe Grove, Colchester, CO2 | £ 150,000 | BUY | 6 / 10 | 0.08 KM |
| Lethe Grove, Colchester, Essex, CO2 | £ 275,000 | BUY | 6 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 59 Friday Wood Green | £ 125,000 | 0.00 KM |
| 85 Friday Wood Green | £ 87,000 | 0.00 KM |
| 57 Friday Wood Green | £ 83,000 | 0.00 KM |
| 49 Friday Wood Green | £ 92,500 | 0.00 KM |
| 69 Friday Wood Green | £ 105,000 | 0.00 KM |