Mortimer Gardens, Colchester
HA

Mortimer Gardens, Colchester

By haart

£ 160,000

Reviews

3 out of 5 stars

haart says ..

Discover this stylish two-bedroom, second-floor apartment situated in the highly sought-after North Side of Colchester — perfect for first-time buyers or smart investors looking for a prime opportunity

Property Oracle says ..

This two bedroom apartment is located in Mortimer Gardens, Colchester, within the Highwoods area. The property benefits from being close to local schools such as The Gilberd School (Outstanding Ofsted rating) and several primary schools with good Ofsted ratings. Colchester town centre and train station are also within reasonable commuting distance, approximately 3-4km. The apartment itself appears to be in good condition, clean and well-maintained based on the provided images. While the plot size is 0 sqft, there is access to communal green space which is visible in the provided images. The list price of £160,000 is significantly below the average price for the area (£319,444), and the average price per sqft (£322). However, this is likely due to the smaller size of the apartment (750 sqft) compared to the average (989 sqft) and the fact that it is an apartment rather than a house. Considering the condition, location and amenities, the price appears to be reasonable for a first-time buyer, especially given the lower average price per sqft compared to nearby properties.

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
8
Condition
8
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
750.00

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
284,633.00 £
Decreased by 10.38 %
from 317,589.00 £
Est sale value
277,500.00 £
Increased by 16.35 %
from 238,500.00 £
Average area rental value
1,248.00 £/mo
Increased by 9.09 %
from 1,144.00 £/mo
Est letting value
750.00 £/mo
Unchanged by 0.00 %
from 750.00 £/mo
Est rental Yield
5.26 %
Increased by 21.76 %
from 4.32 %
Crime Rate
13.00 %
Unchanged by 0.00 %
from 13.00 %

Agent Activity

  • haart created the listing.

Nearby Schools

NameTypeOfstedDistance
The Trinity SchoolFree Schools0.69 KM
The Gilberd SchoolAcademy ConverterOutstanding0.75 KM
Brinkley Grove Primary SchoolFoundation SchoolGood0.80 KM
Highwoods Community Primary SchoolAcademy ConverterGood1.25 KM
Camulos AcademyAcademy Sponsor LedGood1.56 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Axial Way £ 375,00000.00 KM
Tower Lane £ 000.00 KM
The Crescent £ 000.00 KM
Ridgeway £ 000.00 KM
Princess Drive £ 300,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester6861COL3.47 KM
Colchester Town6853CET4.14 KM
Hythe (Essex)6851HYH4.27 KM
Wivenhoe6860WIV8.57 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mortimer Gardens, Colchester £ 160,000BUY6 / 100.00 KM
Mortimer Gardens, Colchester £ 145,000BUY6 / 100.01 KM
Kirk Way, Colchester, Essex, CO4 £ 345,000BUY6 / 100.02 KM
Kirk Way, Colchester, Essex, CO4 £ 375,000BUY7 / 100.05 KM
Kirk Way, Colchester £ 375,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
36 Mortimer Gardens £ 131,5000.04 KM
3 Mortimer Gardens £ 285,0000.04 KM
22 Mortimer Gardens £ 270,0000.04 KM
2 Mortimer Gardens £ 249,9500.04 KM
59 Mortimer Gardens £ 200,0000.04 KM