Londinium Road, Colchester, Colchester, CO2
MI

Londinium Road, Colchester, Colchester, CO2

By Michaels Property Consultants Ltd

£ 175,000

Reviews

3 out of 5 stars

Michaels Property Consultants Ltd says ..

**Guide Price £175,000 - £185,000** Michaels Property Consultants are pleased to offer to the open market this excellent and well-proportioned one bedroom apartment, complete with modern finishes and providing to be the ideal first time purchase for any individual, working professi...

Property Oracle says ..

The property is a one-bedroom, one-bathroom apartment located in Colchester, Essex. The apartment is part of a modern development, as shown in the provided photographs. It features an open-plan living area, a modern kitchen, and a balcony. The apartment appears to be in excellent condition, with modern fixtures and fittings throughout. The location is within close proximity to Colchester town centre, with its array of shops, cafes, and restaurants, as well as the train station. There are also several schools located nearby. The property itself has a small balcony, but no garden. The list price is significantly below the average price for properties in the area, and also below the average price per square foot. However, given the size of the property (460 sqft) and the fact that it is a one-bedroom apartment, the price may be considered reasonable, especially when compared to similar properties in the area. The lack of plot size may explain the lower price compared to the average property price in the area.

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

Price
8
Condition
10
Location
9
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
460.46

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
425,000.00 £
Increased by 45.32 %
from 292,455.00 £
Est sale value
195,695.50 £
Increased by 30.37 %
from 150,109.96 £
Average area rental value
1,348.00 £/mo
Increased by 7.67 %
from 1,252.00 £/mo
Est letting value
460.46 £/mo
Unchanged by 0.00 %
from 460.46 £/mo
Est rental Yield
3.81 %
Decreased by 25.88 %
from 5.14 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Michaels Property Consultants Ltd created the listing.

Nearby Schools

NameTypeOfstedDistance
St John'S Green Primary SchoolCommunity SchoolGood0.30 KM
The Sixth Form College ColchesterFurther EducationGood0.99 KM
St. George'S SchoolCommunity SchoolGood1.02 KM
St Thomas More'S Catholic Primary School, ColchesterAcademy Converter1.05 KM
Colchester High SchoolOther Independent School1.16 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Camp Folley North £ 000.00 KM
St Botolph's Church Walk £ 000.00 KM
Culver Walk £ 000.00 KM
Trinity Street £ 000.00 KM
Essex Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET0.54 KM
Colchester6861COL2.04 KM
Hythe (Essex)6851HYH2.99 KM
Wivenhoe6860WIV6.88 KM

Nearby Listings

AddressPriceTypeScoreDistance
Londinium Road, Colchester, Colchester, CO2 £ 175,000BUY7 / 100.00 KM
Albarn Court, Londinium Road, Colchester £ 235,000BUY5 / 100.01 KM
Emperor Road, Colchester, CO2 £ 180,000BUY6 / 100.04 KM
Londinium Road, Colchester £ 225,000BUY6 / 100.06 KM
Dulwich Road, Holland-On-sea, Clacton-on-Sea, Essex, CO15 £ 220,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
24 Londinium Road £ 314,9950.01 KM
28 Londinium Road £ 309,9950.01 KM
26 Londinium Road £ 309,9950.01 KM
14 Londinium Road £ 249,0000.03 KM
18 Londinium Road £ 305,0000.03 KM