Caelum Drive, Colchester
JA

Caelum Drive, Colchester

By Jackson & Co ltd

£ 160,000

Reviews

2 out of 5 stars

Jackson & Co ltd says ..

***INVESTMENT ONLY*** GUIDE PRICE £160,000-£170,000*** We are delighted offer this two bedroom first floor apartment with tenants in situ until September 2024 paying £1200pcm giving an annual yield of 8%.

Property Oracle says ..

This two-bedroom apartment on Caelum Drive in Colchester is presented as a potentially suitable property for first-time buyers or investors. The apartment is located in the Hythe area, offering access to transport links (Hythe train station is within walking distance) and local amenities. The proximity to good primary schools could make the property family-friendly and this, along with its attractive river views makes it a potentially appealing option.

The apartment’s interior appears clean and modern from the photographs. The kitchen and bathrooms showcase a contemporary style, though some minor wear and tear is visible in the images. The lack of external space needs to be taken into consideration by prospective buyers.

The absence of square footage and plot size data prevents a precise evaluation of the price per square foot. However, comparing the list price of £160,000 to nearby listed and sold properties on Caelum Drive and nearby streets places it within the expected price range for this type of apartment. Whilst this score appears fair, more details would help provide a more accurate assessment of the price versus value

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
6
Location
7
Land
1
Bedrooms
2
Bathrooms
2

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
343,500.00 £
Decreased by 10.23 %
from 382,656.00 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Jackson & Co ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
Kendall Church Of England Primary SchoolVoluntary Controlled SchoolGood0.82 KM
Unity Primary AcademyAcademy Sponsor LedGood1.06 KM
Old Heath Community Primary SchoolCommunity SchoolGood1.21 KM
Col1 Greenstead Family Hub Delivery SiteChildren's Centre1.51 KM
Col1/A St Anne'S And Castle Family Hub Delivery SiteChildren's Centre Linked Site1.62 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Phoenix Court £ 160,00000.00 KM
Hythe Quay £ 64,75000.00 KM
King Edward Quay £ 000.00 KM
Hythe Station Road £ 000.00 KM
Love Hill Walk £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hythe (Essex)6851HYH0.51 KM
Colchester Town6853CET2.65 KM
Wivenhoe6860WIV4.13 KM
Colchester6861COL4.49 KM
Alresford (Essex)6847ALR8.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
Caelum Drive, Colchester £ 170,000BUY6 / 100.00 KM
Caelum Drive, Colchester £ 140,000BUY5 / 100.00 KM
Caelum Drive, Colchester, Essex, CO2 £ 120,000BUY6 / 100.00 KM
Caelum Drive, Colchester £ 160,000BUY5 / 100.00 KM
Caelum Drive, Colchester £ 170,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
41 Caelum Drive £ 170,0000.00 KM
47 Caelum Drive £ 133,0000.00 KM
7 Caelum Drive £ 164,0000.00 KM
49 Caelum Drive £ 164,9950.00 KM
29 Caelum Drive £ 190,0000.00 KM