Jackson & Co says ..
Ideal investment opportunity with tenants currently paying 875pcm
Property Oracle says ..
This one-bedroom apartment in Colchester’s Greenstead area, listed at £130,000 by Jackson & Co, presents a mixed bag of characteristics. Its strongest points are its proximity to Hythe railway station, offering convenient access to London, and its location near the University of Essex, boosting its appeal for potential tenants. Several primary schools with good Ofsted ratings are also within walking distance. The apartment itself appears to be in acceptable condition, although one image depicts a bathroom with minor signs of wear and tear. The inclusion of a small balcony is a positive, but there is a lack of information on the apartment’s internal state and overall condition. The absence of square footage data in both the property details and nearby listings makes a definitive assessment of value challenging. Nevertheless, considering the listed prices of similar properties in the area, this apartment’s price appears relatively competitive, particularly in light of its proximity to amenities. Potential buyers should factor in the Greenstead location which might be a concern depending on individual preferences and should carefully inspect the property for any additional issues before committing to a purchase. Further details on internal space and the building’s condition would enhance the analysis.
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
- 6
- Location
- 7
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
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 %
- Average area rental value
- 1,207.00 £/moDecreased by 5.18 %
- Est rental Yield
- 4.22 %Increased by 5.76 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
Jackson & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Kendall Church Of England Primary School | Voluntary Controlled School | Good | 1.01 KM |
| Old Heath Community Primary School | Community School | Good | 1.06 KM |
| Unity Primary Academy | Academy Sponsor Led | Good | 1.11 KM |
| Col1 Greenstead Family Hub Delivery Site | Children's Centre | 1.53 KM | |
| University Of Essex | Higher Education Institutions | Good | 1.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| King Edward Quay | £ 0 | 0 | 0.00 KM |
| Phoenix Court | £ 160,000 | 0 | 0.00 KM |
| Grange Farm Park | £ 199,995 | 0 | 0.00 KM |
| Hythe Quay | £ 64,750 | 0 | 0.00 KM |
| Hythe Station Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hythe (Essex) | 6851 | HYH | 0.79 KM |
| Colchester Town | 6853 | CET | 2.95 KM |
| Wivenhoe | 6860 | WIV | 3.80 KM |
| Colchester | 6861 | COL | 4.82 KM |
| Alresford (Essex) | 6847 | ALR | 7.92 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Pier Wharf, Quayside Drive, Colchester | £ 165,000 | BUY | 5 / 10 | 0.00 KM |
| Quayside Drive, Colchester | £ 130,000 | BUY | 5 / 10 | 0.00 KM |
| Quayside Drive, Colchester, CO2 | £ 185,000 | BUY | 6 / 10 | 0.00 KM |
| Quayside Drive, Colchester, CO2 | £ 189,995 | BUY | 5 / 10 | 0.01 KM |
| Quayside Drive, Colchester, CO2 | £ 190,000 | BUY | 6 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 191 Quayside Drive | £ 219,995 | 0.00 KM |
| 31 Quayside Drive | £ 189,995 | 0.08 KM |
| 75 Quayside Drive | £ 168,000 | 0.08 KM |
| 69 Quayside Drive | £ 146,500 | 0.08 KM |
| 43 Quayside Drive | £ 150,000 | 0.08 KM |