55 Victor Road, Colchester, CO1 2LX
By McHugh & Co
£ 90,000
Reviews
2 out of 5 stars
McHugh & Co says ..
LOT 86 **FOR SALE BY ONLINE AUCTION** on 11th February 2025 Freehold House Vacant Possession
Property Oracle says ..
This property at 55 Victor Road, Colchester, is a two-bedroom house that requires complete renovation. The external appearance suggests a typical terraced house in a residential area, while interior photos reveal stripped walls, exposed ceiling beams, and generally poor condition. The small garden needs attention. The location is positive, with schools and rail transport within a reasonable distance. However, without more recent local property pricing data, it’s challenging to definitively ascertain how well-priced the property is, relative to the market. Potential buyers should factor in a substantial budget for refurbishment and understand the risks associated with purchasing a property in this condition. Buyers considering this property should undertake thorough surveys and obtain detailed cost estimates for the renovation project before making an offer. The listing price reflects the property’s ‘as-is’ state and the need for significant investment. A buyer’s ultimate assessment of its value will significantly depend on their skillset, time and budget for renovation.
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
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 0
- Sqft (est)
- 645.00
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
- 425,000.00 £Increased by 45.32 %
- Est sale value
- 274,125.00 £Increased by 30.37 %
- Average area rental value
- 1,348.00 £/moIncreased by 7.67 %
- Est letting value
- 645.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.81 %Decreased by 25.88 %
- Crime Rate
- 8.00 %Unchanged by 0.00 %
Agent Activity
McHugh & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kendall Church Of England Primary School | Voluntary Controlled School | Good | 0.76 KM |
| St. George'S School | Community School | Good | 1.09 KM |
| St James' Church Of England Primary School | Academy Sponsor Led | Good | 1.12 KM |
| St Thomas More'S Catholic Primary School, Colchester | Academy Converter | 1.17 KM | |
| Willow Brook Primary School And Nursery | Academy Sponsor Led | Good | 1.68 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Kendall Road Folley | £ 0 | 0 | 0.00 KM |
| Magdalen Green | £ 210,000 | 0 | 0.00 KM |
| Moorside | £ 0 | 0 | 0.00 KM |
| Love Hill Walk | £ 0 | 0 | 0.00 KM |
| Colonia Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hythe (Essex) | 6851 | HYH | 1.12 KM |
| Colchester Town | 6853 | CET | 1.45 KM |
| Colchester | 6861 | COL | 3.34 KM |
| Wivenhoe | 6860 | WIV | 5.24 KM |
| Alresford (Essex) | 6847 | ALR | 9.43 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 58 Victor Road, Colchester, Essex, CO1 | £ 110,000 | BUY | 6 / 10 | 0.01 KM |
| Victor Road, New Town, Colchester, Essex, CO1 | £ 200,000 | BUY | 7 / 10 | 0.03 KM |
| Victor Road, Colchester | £ 230,000 | BUY | Unknown | 0.04 KM |
| Victor Road, Colchester | £ 210,000 | BUY | 6 / 10 | 0.06 KM |
| New Park Street, Colchester, Essex, CO1 | £ 210,000 | BUY | 6 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 38 Victor Road | £ 129,000 | 0.01 KM |
| 46 Victor Road | £ 120,000 | 0.01 KM |
| 47 Victor Road | £ 140,000 | 0.01 KM |
| 59 Victor Road | £ 70,000 | 0.01 KM |
| 68 Victor Road | £ 122,500 | 0.01 KM |