Salter Court, Colchester, CO3 3FF
RE

Salter Court, Colchester, CO3 3FF

By Retirement Homesearch

£ 100,000

Reviews

2 out of 5 stars

Retirement Homesearch says ..

A ONE BEDROOM FIRST FLOOR RETIREMENT APARTMENT Salter Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 80 properties arranged over 6 floors each served by lift, being conveniently situated to the town centre with all amenities and Castle Park. The Development Manage...

Property Oracle says ..

This one-bedroom retirement apartment in Salter Court, Colchester, is situated in a convenient location within close proximity to the town centre, amenities, and Castle Park. The apartment itself appears well-maintained and modern from the photographs provided; the interior features a recently updated kitchen and contemporary decor. It is important to note this is a retirement property, which has both advantages and disadvantages. Advantages include the potential for convenient communal facilities and a location catering to an older demographic. Disadvantages include the limited overall space and potential for a more confined living space compared to a traditional home. There is no information regarding parking, but the communal areas are attractive and well maintained. The location scores highly due to its proximity to transportation, schools, and amenities, but its status as a retirement apartment might reduce the appeal to certain buyers. The price appears somewhat high for a one-bedroom apartment, even considering its location and condition. The lack of land and private outdoor space is a significant drawback. The price seems reasonable within the context of similar retirement apartments, but buyers considering other housing options in Colchester should do their research. Ultimately, its appeal hinges on the specific needs and preferences of prospective buyers. Those looking for a modern, convenient, and low-maintenance apartment in a central location might find this attractive, while those seeking larger spaces and private outdoor areas might find it less appealing.

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
6
Condition
7
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
490.83

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
302,231.00 £
Increased by 9.49 %
from 276,039.00 £
Est sale value
141,359.04 £
Decreased by 0.35 %
from 141,849.87 £
Average area rental value
968.00 £/mo
Increased by 4.88 %
from 923.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.84 %
Decreased by 4.24 %
from 4.01 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Retirement Homesearch created the listing.

Nearby Schools

NameTypeOfstedDistance
The Sixth Form College ColchesterFurther EducationGood0.21 KM
Colchester High SchoolOther Independent School0.50 KM
Colchester InstituteFurther EducationRequires improvement0.61 KM
North Primary School And NurseryCommunity SchoolGood0.64 KM
Oxford House SchoolOther Independent School0.67 KM

Images

LOUNGE LOUNGE KITCHEN BEDROOM BATHROOM BEDROOM BEDROOM RESIDENTS LOUNGE Photo 4 Photo 6 PHOTO SHOWS GENERAL VIEW OF DEVELOPMENT

Nearby Streets

NameAverage PriceAverage SqftDistance
Balkerne Gardens £ 000.00 KM
Manor Road £ 210,00000.00 KM
Riverside Walk £ 290,00000.00 KM
Trinity Street £ 000.00 KM
Angel's Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester6861COL1.17 KM
Colchester Town6853CET1.37 KM
Hythe (Essex)6851HYH3.86 KM
Wivenhoe6860WIV7.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
Salter Court, Colchester, CO3 3FF £ 100,000BUY5 / 100.00 KM
Salter Court, Colchester, CO3 3FF £ 90,000BUY5 / 100.00 KM
Salter Court, Colchester, CO3 3FF £ 149,950BUY5 / 100.00 KM
St. Marys Fields, Colchester, Essex, CO3 £ 110,000BUY5 / 100.00 KM
St. Marys Fields, Colchester, Essex, CO3 £ 130,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
113 St Marys Fields £ 335,0000.07 KM
105 St Marys Fields £ 300,0000.07 KM
103 St Marys Fields £ 199,9950.07 KM
107 St Marys Fields £ 272,0000.07 KM
109 St Marys Fields £ 450,0000.07 KM