Belmont Place, Colchester, CO1
BE

Belmont Place, Colchester, CO1

By Beresfords

£ 230,000

Reviews

3 out of 5 stars

Beresfords says ..

Recently renovated one bedroom chalet featuring a new bathroom suite, fresh carpets, and modern décor throughout. No onward chain for a stress-free purchase. Perfect for first-time buyers or investors, located close to local amenities and transport links.

Property Oracle says ..

This one-bedroom, one-bathroom property in Colchester, Essex is presented as a reasonably well-maintained home, though requiring updating to enhance market appeal. The provided images show the interior to be carpeted throughout, with a compact kitchen and a small garden. The property’s major selling points appear to be its convenient proximity to several well-regarded primary schools and Colchester’s train station. However, a lack of details regarding specific location and the absence of nearby comparative properties makes complete evaluation challenging. Further analysis of local comparable sales is necessary to fully assess the value for money. The condition is adequate, but not exceptional; a modern kitchen and bathroom would likely increase its market appeal. The small garden adds value but isn’t extensive. Overall, this seems a viable option, particularly for first-time buyers or investors, but detailed analysis and a comparison to similar sold properties in the same locality is recommended before reaching a firm conclusion on the value provided.

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
7
Condition
6
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
726.56

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
348,914.00 £
Decreased by 5.51 %
from 369,241.00 £
Est sale value
258,655.36 £
Increased by 3.79 %
from 249,210.08 £
Average area rental value
1,207.00 £/mo
Decreased by 10.72 %
from 1,352.00 £/mo
Est letting value
726.56 £/mo
Unchanged by 0.00 %
from 726.56 £/mo
Est rental Yield
4.15 %
Decreased by 5.47 %
from 4.39 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Beresfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Kendall Church Of England Primary SchoolVoluntary Controlled SchoolGood0.28 KM
St. George'S SchoolCommunity SchoolGood1.14 KM
Old Heath Community Primary SchoolCommunity SchoolGood1.31 KM
St Thomas More'S Catholic Primary School, ColchesterAcademy Converter1.65 KM
St James' Church Of England Primary SchoolAcademy Sponsor LedGood1.70 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Love Hill Walk £ 000.00 KM
Hythe Quay £ 64,75000.00 KM
Kendall Road Folley £ 000.00 KM
Magdalen Green £ 210,00000.00 KM
King Edward Quay £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Hythe (Essex)6851HYH1.24 KM
Colchester Town6853CET1.79 KM
Colchester6861COL3.81 KM
Wivenhoe6860WIV4.80 KM
Alresford (Essex)6847ALR9.11 KM

Nearby Listings

AddressPriceTypeScoreDistance
Belmont Place, Colchester, CO1 £ 230,000BUY6 / 100.00 KM
Old Heath Road, Colchester, Essex, CO1 £ 230,000BUY7 / 100.06 KM
Recreation Road, Colchester, Essex, CO1 £ 325,000BUY6 / 100.08 KM
Old Heath Road, Colchester , Colchester, CO1 £ 280,000BUY7 / 100.08 KM
Recreation Road, Colchester, Essex, CO1 £ 350,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
13 Belmont Place £ 45,5000.01 KM
5 Belmont Place £ 195,0000.01 KM
4 Belmont Place £ 228,0000.01 KM
10 Belmont Place £ 119,9950.01 KM
18 Belmont Place £ 54,9500.01 KM