Ballantyne Drive, Greenstead, Colchester, Essex, CO2
PA

Ballantyne Drive, Greenstead, Colchester, Essex, CO2

By Palmer & Partners

£ 200,000

Reviews

2 out of 5 stars

Palmer & Partners says ..

***INVESTMENT ONLY - SOLD WITH TENANT IN SITU PAYING £1650.00 PCM*** A two/three bedroom ground floor apartment, achieving a gross yield of approx. 9% pa, situated within easy reach of the University of Essex, Tesco Superstore and Hythe Railway Station. The city centre is a short dista...

Property Oracle says ..

This two-bedroom, two-bathroom apartment located on Ballantyne Drive in Greenstead, Colchester, is listed at £200,000. The property appears well-maintained and modern from the provided photographs, showcasing a contemporary kitchen and bathrooms. The interior is presented in a clean and tidy manner. The apartment’s location offers convenient access to Hythe train station, making it suitable for commuters. Several schools with good Ofsted ratings are within walking distance. However, the lack of information regarding the precise square footage of the property and the surrounding properties makes a detailed comparison difficult. Furthermore, the absence of a garden or private outdoor space is a notable drawback. The area of Greenstead itself may be considered less desirable than other parts of Colchester, potentially impacting the overall value. While the apartment appears to be a reasonable purchase given the provided information, potential buyers should conduct thorough research into the local area and compare the property’s features and condition to other similar properties on the market to ensure they are making an informed decision. The lack of plot size information is a significant omission for a complete valuation.

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
7
Location
6
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
772.50

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 £
Est sale value
232,522.50 £
Increased by 62.70 %
from 142,912.50 £
Average area rental value
1,207.00 £/mo
Decreased by 5.18 %
from 1,273.00 £/mo
Est letting value
772.50 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 5.76 %
from 3.99 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Palmer & Partners created the listing.

Nearby Schools

NameTypeOfstedDistance
Old Heath Community Primary SchoolCommunity SchoolGood1.07 KM
Unity Primary AcademyAcademy Sponsor LedGood1.12 KM
Kendall Church Of England Primary SchoolVoluntary Controlled SchoolGood1.17 KM
University Of EssexHigher Education InstitutionsGood1.40 KM
Col1 Greenstead Family Hub Delivery SiteChildren's Centre1.53 KM

Images

Picture No. 08 Picture No. 11 Picture No. 19 Picture No. 14 Picture No. 10 Picture No. 16 Picture No. 20 Picture No. 06 Picture No. 15 Picture No. 13 Picture No. 12 Picture No. 17 Picture No. 07 Picture No. 09 Picture No. 05

Nearby Streets

NameAverage PriceAverage SqftDistance
King Edward Quay £ 000.00 KM
Phoenix Court £ 160,00000.00 KM
Grange Farm Park £ 199,99500.00 KM
Hythe Quay £ 64,75000.00 KM
Hythe Station Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hythe (Essex)6851HYH0.92 KM
Colchester Town6853CET3.13 KM
Wivenhoe6860WIV3.63 KM
Colchester6861COL5.00 KM
Alresford (Essex)6847ALR7.75 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ballantyne Drive, Colchester, Essex, CO2 £ 200,000BUY5 / 100.00 KM
Ballantyne Drive, Greenstead, Colchester, Essex, CO2 £ 200,000BUY5 / 100.00 KM
Ballantyne Drive, Colchester, Essex, CO2 £ 220,000BUY5 / 100.01 KM
Ballantyne Drive, Colchester £ 220,000BUY5 / 100.01 KM
Ballantyne Drive, Colchester £ 160,000BUY4 / 100.01 KM

Nearby Properties

AddressPriceDistance
87 Ballantyne Drive £ 115,0000.04 KM
83 Ballantyne Drive £ 105,0000.04 KM
99 Ballantyne Drive £ 139,9950.04 KM
85 Ballantyne Drive £ 150,0000.04 KM
91 Ballantyne Drive £ 140,0000.04 KM