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 %
- Average area rental value
- 1,207.00 £/moDecreased by 5.18 %
- Est rental Yield
- 4.22 %Increased by 5.76 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Jackson & Co ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kendall Church Of England Primary School | Voluntary Controlled School | Good | 0.82 KM |
| Unity Primary Academy | Academy Sponsor Led | Good | 1.06 KM |
| Old Heath Community Primary School | Community School | Good | 1.21 KM |
| Col1 Greenstead Family Hub Delivery Site | Children's Centre | 1.51 KM | |
| Col1/A St Anne'S And Castle Family Hub Delivery Site | Children's Centre Linked Site | 1.62 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Phoenix Court | £ 160,000 | 0 | 0.00 KM |
| Hythe Quay | £ 64,750 | 0 | 0.00 KM |
| King Edward Quay | £ 0 | 0 | 0.00 KM |
| Hythe Station Road | £ 0 | 0 | 0.00 KM |
| Love Hill Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hythe (Essex) | 6851 | HYH | 0.51 KM |
| Colchester Town | 6853 | CET | 2.65 KM |
| Wivenhoe | 6860 | WIV | 4.13 KM |
| Colchester | 6861 | COL | 4.49 KM |
| Alresford (Essex) | 6847 | ALR | 8.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Caelum Drive, Colchester | £ 170,000 | BUY | 6 / 10 | 0.00 KM |
| Caelum Drive, Colchester | £ 140,000 | BUY | 5 / 10 | 0.00 KM |
| Caelum Drive, Colchester, Essex, CO2 | £ 120,000 | BUY | 6 / 10 | 0.00 KM |
| Caelum Drive, Colchester | £ 160,000 | BUY | 5 / 10 | 0.00 KM |
| Caelum Drive, Colchester | £ 170,000 | BUY | 5 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 41 Caelum Drive | £ 170,000 | 0.00 KM |
| 47 Caelum Drive | £ 133,000 | 0.00 KM |
| 7 Caelum Drive | £ 164,000 | 0.00 KM |
| 49 Caelum Drive | £ 164,995 | 0.00 KM |
| 29 Caelum Drive | £ 190,000 | 0.00 KM |