Derwent Road, Highwoods, Colchester
By Gallant Richardson
£ 260,000
Reviews
2 out of 5 stars
Gallant Richardson says ..
Being offered with the potential for investment, or someone that is looking for an end of chain purchase, this well presented two bedroom property could fit the bill. Currently there Is an established tenant in situ, or the option to purchase with vacant possession is available. Being an establis...
Property Oracle says ..
This two-bedroom terraced house in Highwoods, Colchester, is presented as a potential investment opportunity or a suitable first home. The property’s location is a major selling point, offering proximity to highly-rated schools and train stations. The interior appears to be in reasonable but not exceptional condition; some cosmetic upgrades could enhance its appeal. The small garden provides some outdoor space. The price of £260,000 seems competitive considering the location and local market, although the relatively small size of the property (600 sqft) might influence potential buyers’ perceptions of value. The lack of precise details regarding plot size and the condition of the property’s interior features prevents a more definitive evaluation. Overall, this property presents a viable option for buyers looking for a reasonably priced home in a desirable area, but potential purchasers should carefully consider the size of the property and conduct a thorough inspection before making an offer.
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
- 7
- Condition
- 6
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 600.00
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 %
- Est sale value
- 222,000.00 £Increased by 16.35 %
- Average area rental value
- 1,248.00 £/moIncreased by 9.09 %
- Est letting value
- 600.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.26 %Increased by 21.76 %
- Crime Rate
- 17.00 %Unchanged by 0.00 %
Agent Activity
Gallant Richardson marked this listing as sold.
Gallant Richardson created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Brinkley Grove Primary School | Foundation School | Good | 0.57 KM |
| St John'S Church Of England Voluntary Controlled Primary School, Colchester | Voluntary Controlled School | Good | 0.61 KM |
| The Gilberd School | Academy Converter | Outstanding | 0.73 KM |
| Highwoods Community Primary School | Academy Converter | Good | 0.79 KM |
| The Trinity School | Free Schools | 0.80 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Princess Drive | £ 300,000 | 0 | 0.00 KM |
| St John's Close | £ 0 | 0 | 0.00 KM |
| Denis Randle Way | £ 525,000 | 0 | 0.00 KM |
| The Crescent | £ 0 | 0 | 0.00 KM |
| Thistledown | £ 500,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Hythe (Essex) | 6851 | HYH | 3.10 KM |
| Colchester Town | 6853 | CET | 3.63 KM |
| Colchester | 6861 | COL | 3.69 KM |
| Wivenhoe | 6860 | WIV | 7.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Derwent Road, Highwoods, Colchester | £ 300,000 | BUY | 7 / 10 | 0.00 KM |
| Derwent Road, Colchester, CO4 | £ 260,000 | BUY | 6 / 10 | 0.03 KM |
| Derwent Road, Highwoods, Colchester, CO4 | £ 300,000 | BUY | 7 / 10 | 0.05 KM |
| Albrighton Croft, Highwoods, Colchester, Essex, CO4 | £ 280,000 | BUY | 6 / 10 | 0.10 KM |
| Derwent Road, Highwoods | £ 295,000 | BUY | 6 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 124 Derwent Road | £ 296,000 | 0.00 KM |
| 116 Derwent Road | £ 320,000 | 0.00 KM |
| 24 Derwent Road | £ 82,500 | 0.00 KM |
| 84 Derwent Road | £ 273,000 | 0.00 KM |
| 62 Derwent Road | £ 158,000 | 0.00 KM |