Jackson & Co says ..
INVESTMENT PROPERTY 925PCM One bedroom apartment situated on Quayside Drive with balcony
Property Oracle says ..
The property is a 1-bedroom apartment located on Quayside Drive in Colchester, Essex. The apartment is situated on the waterfront and benefits from nearby transportation links and schools. The apartment appears to be in good condition based on the provided images, with a modern kitchen and bathroom. The lack of a garden is a notable factor. Considering the average price per square foot in the area is £356, and this apartment is 480 sqft, a reasonable price might be in the region of £170,880. The listed price of £135,000 is significantly below this figure, suggesting it may represent good value for money, however, further investigation into the specifics of the apartment (e.g., leasehold details, service charges) would be needed to confirm this. The nearby comparable properties also support the idea that the property is priced competitively, although the lack of sqft data for those properties makes a precise comparison difficult. The proximity to Hythe train station (0.81km) provides convenient access to Colchester and beyond. Several schools with good Ofsted ratings are within a reasonable distance, making this location attractive to families.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 9
- Condition
- 8
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 480.00
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
- 343,500.00 £Decreased by 10.23 %
- Est sale value
- 144,480.00 £Increased by 62.70 %
- Average area rental value
- 1,207.00 £/moDecreased by 5.18 %
- Est letting value
- 480.00 £/mo
- Est rental Yield
- 4.22 %Increased by 5.76 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Jackson & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Unity Primary Academy | Academy Sponsor Led | Good | 1.07 KM |
| Kendall Church Of England Primary School | Voluntary Controlled School | Good | 1.10 KM |
| Old Heath Community Primary School | Community School | Good | 1.10 KM |
| Col1 Greenstead Family Hub Delivery Site | Children's Centre | 1.49 KM | |
| University Of Essex | Higher Education Institutions | Good | 1.49 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 | 0.81 KM |
| Colchester Town | 6853 | CET | 3.03 KM |
| Wivenhoe | 6860 | WIV | 3.75 KM |
| Colchester | 6861 | COL | 4.89 KM |
| Alresford (Essex) | 6847 | ALR | 7.85 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Quayside Drive, Colchester | £ 178,000 | BUY | 5 / 10 | 0.00 KM |
| Quayside Drive, Colchester | £ 135,000 | BUY | 6 / 10 | 0.00 KM |
| Quayside Drive, Colchester | £ 135,000 | BUY | 6 / 10 | 0.00 KM |
| Quayside Drive, Colchester, CO2 | £ 135,000 | BUY | 5 / 10 | 0.00 KM |
| Quayside Drive, Colchester, Essex, CO2 | £ 190,000 | BUY | 5 / 10 | 0.02 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Quayside Drive | £ 179,000 | 0.00 KM |
| 93 Quayside Drive | £ 134,995 | 0.00 KM |
| 41 Quayside Drive | £ 150,000 | 0.00 KM |
| 79 Quayside Drive | £ 165,000 | 0.00 KM |
| 33 Quayside Drive | £ 150,000 | 0.00 KM |