CH
Mersea Road, Colchester
By Charles Wright Properties
£ 360,000
Reviews
2 out of 5 stars
Charles Wright Properties says ..
This is an excellent opportunity to purchase a well-managed investment property that has been continuously rented for 25 years. It currently generates a gross income of approximately £38,160 per year from 12 month student tenancies, resulting in a gross yield of 10.6%.
Property Oracle says ..
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
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 0
- Bathrooms
- 0
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
- 425,000.00 £Increased by 45.32 %
- Average area rental value
- 1,348.00 £/moIncreased by 7.67 %
- Est rental Yield
- 3.81 %Decreased by 25.88 %
- Crime Rate
- 11.00 %Unchanged by 0.00 %
from 292,455.00 £
from 1,252.00 £/mo
from 5.14 %
from 11.00 %
Agent Activity
Charles Wright Properties created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St John'S Green Primary School | Community School | Good | 0.55 KM |
| St Thomas More'S Catholic Primary School, Colchester | Academy Converter | 0.77 KM | |
| St. George'S School | Community School | Good | 0.77 KM |
| The Sixth Form College Colchester | Further Education | Good | 1.21 KM |
| St James' Church Of England Primary School | Academy Sponsor Led | Good | 1.23 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Camp Folley North | £ 0 | 0 | 0.00 KM |
| St Botolph's Church Walk | £ 0 | 0 | 0.00 KM |
| Queen Street | £ 0 | 0 | 0.00 KM |
| Britannia Way | £ 85,000 | 0 | 0.00 KM |
| Culver Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Colchester Town | 6853 | CET | 0.27 KM |
| Colchester | 6861 | COL | 2.18 KM |
| Hythe (Essex) | 6851 | HYH | 2.66 KM |
| Wivenhoe | 6860 | WIV | 6.59 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Mersea Road, Colchester | £ 360,000 | BUY | 5 / 10 | 0.00 KM |
| Mersea Road, Colchester | £ 325,000 | BUY | 6 / 10 | 0.06 KM |
| Lucas Road, Colchester, Essex, CO2 | £ 280,000 | BUY | 6 / 10 | 0.07 KM |
| Portland Road, Colchester | £ 190,000 | BUY | Unknown | 0.10 KM |
| Mersea Road, Colchester | £ 300,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 22 Mersea Road | £ 86,500 | 0.01 KM |
| 9 Mersea Road | £ 156,000 | 0.08 KM |
| 12a Mersea Road | £ 92,500 | 0.08 KM |
| 15 Mersea Road | £ 175,000 | 0.08 KM |
| 28 Fairfax Road | £ 55,000 | 0.09 KM |