Hollytree Court, Layer Road, Colchester, Essex, CO2
ST

Hollytree Court, Layer Road, Colchester, Essex, CO2

By Stanfords

£ 122,500

Reviews

2 out of 5 stars

Stanfords says ..

Established one bedroom first floor apartment located in a quiet position, two miles South West from the City Centre. The flat has just been decorated and also has new flooring throughout.

Property Oracle says ..

This one-bedroom apartment located at Hollytree Court in Colchester’s Shrub End area presents a promising opportunity for first-time buyers or investors. The property has recently undergone renovations, including new flooring and decor throughout, giving it a modern feel. The kitchen and bathroom appear modern and well-maintained. The building’s exterior shows some signs of age but is generally well-kept. While the property benefits from proximity to good schools and Colchester Town train station, the lack of a private garden or substantial outdoor space is a notable limitation. The listed price of £122,500 appears reasonably competitive in the context of the Colchester market; however, it is necessary to carefully consider the limited space and make comparisons to the average price in the immediate area of Overstone Court which is significantly higher. Further investigation into the specifics of the apartment’s square footage and available amenities would allow for a more precise evaluation of its value for money. Potential buyers should independently verify all information and compare this property to other similar listings in the area before making a purchase decision. The property offers a convenient location and presents itself in good condition, making it a suitable option for individuals seeking affordability and easy access to amenities and transport. However, potential buyers should be aware of the limitations of the property’s size and lack of outdoor space.

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
7
Location
6
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
399.00
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Leaflet © OpenStreetMap contributors

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
323,297.00 £
Decreased by 14.67 %
from 378,890.00 £
Est sale value
156,807.00 £
Decreased by 27.36 %
from 215,859.00 £
Average area rental value
1,229.00 £/mo
Decreased by 0.81 %
from 1,239.00 £/mo
Est letting value
399.00 £/mo
Unchanged by 0.00 %
from 399.00 £/mo
Est rental Yield
4.56 %
Increased by 16.33 %
from 3.92 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Stanfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Iceni AcademyAcademy Sponsor LedGood0.63 KM
King'S Ford Infant School And NurseryCommunity SchoolGood0.63 KM
Montgomery Infant School And Nursery, ColchesterCommunity SchoolOutstanding0.82 KM
Montgomery Junior School, ColchesterCommunity SchoolGood0.82 KM
Hamilton Primary SchoolCommunity SchoolOutstanding1.05 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Overstone Court £ 183,05600.00 KM
Rayleigh Mansions £ 300,00000.00 KM
Messines Road £ 350,00000.00 KM
Rutland Avenue £ 350,00000.00 KM
Hawaii Drive £ 377,49800.00 KM

Nearby Transport

NameNLCTLCDistance
Colchester Town6853CET2.90 KM
Colchester6861COL3.25 KM
Hythe (Essex)6851HYH5.22 KM
Wivenhoe6860WIV8.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Hollytree Court, Layer Road, Colchester, Essex, CO2 £ 122,500BUY5 / 100.00 KM
Rainsborowe Road, Colchester £ 400,000BUYUnknown0.32 KM
Layer Road, Colchester £ 500,000BUY6 / 100.37 KM
Wavell Avenue, Colchester, Essex, CO2 £ 825,000BUY7 / 100.47 KM
Earlswood Way, Colchester £ 220,000BUY6 / 100.56 KM

Nearby Properties

AddressPriceDistance
110a Layer Road £ 53,5000.13 KM
104 Layer Road £ 289,9950.13 KM
64 Layer Road £ 205,0000.13 KM
108b Layer Road £ 306,0000.13 KM
114 Layer Road £ 340,0000.13 KM