Harris + Wood says ..

Property Oracle says ..

This property is a two-bedroom apartment located in Colchester, Essex. The apartment is situated in the Shrub End area and benefits from being close to local schools such as King’s Ford Infant School and Nursery and Iceni Academy (both rated as ‘Good’ by Ofsted). Colchester Town train station is approximately 3.66km away, providing convenient access to transport links. The apartment itself appears to be in reasonable condition, although some minor cosmetic updates may be needed. The kitchen and bathroom appear relatively modern, while the living area and bedrooms show signs of wear and tear. The property includes a small, shared garden area. Considering the average price per square foot in the area is £393, and this property is listed at £160,000 with 616.13 sqft, the price seems slightly below average. However, it is important to note that the average price in the area is significantly higher than the list price of this property, suggesting that this property may be undervalued, especially considering its proximity to good schools and transport links. The lack of plot size information makes it difficult to fully assess the value of the property. More information regarding the condition of the property and any potential maintenance issues would be beneficial for a complete evaluation.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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