Palmer & Partners says ..

Property Oracle says ..

The property is a two-bedroom apartment located on Clarendon Way in Colchester, Essex. It is situated in the Castle locality and benefits from being close to several primary and secondary schools, all within a 1.14 KM radius. The Colchester train station is also conveniently located just 0.59 KM away, providing easy access to transportation links. Based on the provided images, the apartment appears to be in excellent condition. The kitchen and bathroom are modern and well-maintained, and the living areas are presented to a high standard. There is no evidence of any necessary repairs or renovations. The apartment also features a balcony, offering some outdoor space. While the plot size is listed as 0.00 sqft, the images show a balcony which provides some outdoor space. However, it is important to note that this is not a substantial amount of land. Considering the average price per sqft in the area is £288, and the property is 650 sqft, a rough estimate of the value would be £187,200. The list price of £200,000 is slightly higher than this estimate. However, given the property’s modern condition, convenient location, and proximity to amenities and transport, the list price appears to be reasonable and in line with comparable properties in the area. Several nearby apartments on Clarendon Way have recently sold for similar prices.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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