Derwent Road, Highwoods, Colchester
GA

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 %
from 317,589.00 £
Est sale value
222,000.00 £
Increased by 16.35 %
from 190,800.00 £
Average area rental value
1,248.00 £/mo
Increased by 9.09 %
from 1,144.00 £/mo
Est letting value
600.00 £/mo
Unchanged by 0.00 %
from 600.00 £/mo
Est rental Yield
5.26 %
Increased by 21.76 %
from 4.32 %
Crime Rate
17.00 %
Unchanged by 0.00 %
from 17.00 %

Agent Activity

  • Gallant Richardson marked this listing as sold.

  • Gallant Richardson created the listing.

Nearby Schools

NameTypeOfstedDistance
Brinkley Grove Primary SchoolFoundation SchoolGood0.57 KM
St John'S Church Of England Voluntary Controlled Primary School, ColchesterVoluntary Controlled SchoolGood0.61 KM
The Gilberd SchoolAcademy ConverterOutstanding0.73 KM
Highwoods Community Primary SchoolAcademy ConverterGood0.79 KM
The Trinity SchoolFree Schools0.80 KM

Images

Bathroom: Kitchen: Rear garden Lounge: Bedroom One: Bedroom Two: Rear garden

Nearby Streets

NameAverage PriceAverage SqftDistance
Princess Drive £ 300,00000.00 KM
St John's Close £ 000.00 KM
Denis Randle Way £ 525,00000.00 KM
The Crescent £ 000.00 KM
Thistledown £ 500,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Hythe (Essex)6851HYH3.10 KM
Colchester Town6853CET3.63 KM
Colchester6861COL3.69 KM
Wivenhoe6860WIV7.26 KM

Nearby Listings

AddressPriceTypeScoreDistance
Derwent Road, Highwoods, Colchester £ 300,000BUY7 / 100.00 KM
Derwent Road, Colchester, CO4 £ 260,000BUY6 / 100.03 KM
Derwent Road, Highwoods, Colchester, CO4 £ 300,000BUY7 / 100.05 KM
Albrighton Croft, Highwoods, Colchester, Essex, CO4 £ 280,000BUY6 / 100.10 KM
Derwent Road, Highwoods £ 295,000BUY6 / 100.12 KM

Nearby Properties

AddressPriceDistance
124 Derwent Road £ 296,0000.00 KM
116 Derwent Road £ 320,0000.00 KM
24 Derwent Road £ 82,5000.00 KM
84 Derwent Road £ 273,0000.00 KM
62 Derwent Road £ 158,0000.00 KM