About This Property

Discover what makes this home special

This charming 1-bedroom apartment located on Richard Avenue in Wivenhoe offers an ideal blend of modern living and convenience. The spacious open-plan living and kitchen area is perfect for both relaxing and entertaining, with ample natural light streaming in from multiple windows. The well-sized bedroom provides a peaceful retreat, complemented by a contemporary bathroom with full bath facilities. Situated in a sought-after community, the property benefits from proximity to green spaces and local amenities, making it a perfect home for singles, couples, or investors seeking a strong rental market.

Set within a friendly neighbourhood, this apartment offers easy access to Wivenhoe Station, providing excellent transport links to Colchester and London. The property is also close to schools, parks, and shopping facilities, ensuring all essentials are within reach. Whether you're looking for a comfortable home or a promising investment, this apartment presents a compelling opportunity in a thriving area.

Property Features

The apartment boasts an open-plan living and kitchen area designed to maximise space and light, creating a welcoming atmosphere. The modern kitchen comes equipped with integrated appliances and ample storage, ideal for everyday cooking. The bedroom is generously sized, offering comfort and privacy, while the bathroom features a full-size bath and modern fixtures. Additional benefits include double glazing and gas central heating, ensuring energy efficiency and year-round comfort.

Open-plan livingModern kitchenSpacious bedroomContemporary bathroomDouble glazingGas central heating

Local Amenities

Residents enjoy convenient access to Wivenhoe Station, with regular services connecting to Colchester and London, making commuting straightforward. Nearby, Wivenhoe Primary School provides excellent education options for families. The area also features local shops including Tesco Express, alongside charming cafes and eateries. For leisure, Wivenhoe Park and community centres offer green spaces and activities, enhancing the quality of life in this welcoming neighbourhood.

Wivenhoe StationColchester HospitalWivenhoe Primary SchoolTesco ExpressWivenhoe ParkLocal cafes+1
Wivenhoe Station Train Station (0.9 miles, 4 mins drive) • 15 mins to Colchester

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£185,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£77/mo
Estimated Ground Rent£6/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£185,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£77/mo
Estimated Ground Rent£6/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Analyzing...
--/100
ChallengingModerateGoodExcellent

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£185,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£77/mo
Estimated Ground Rent£6/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
5.4%
Based on £833/mo rent
Area Price Growth
+1.7%
Average annual increase
5-Year Value Forecast
£201,467
+£16,467 projected gain
5-Year Rent Forecast
£989/mo
Based on 3.5% annual growth
Price per Sq Ft£370
Annual Rent Income£9,996
10-Year ROI216%
Break-Even Point22 yrs

Property Value Projection

Based on 1.7% annual growth
£201,467
5yr
£219,399
10yr
£238,928
15yr
£260,195
20yr
£283,355
25yr
Current: £185,000

Monthly Rental Income

Based on 3.5% annual growth
£989
5yr
£1,175
10yr
£1,396
15yr
£1,657
20yr
£1,969
25yr
Current: £833/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Liverpool Street
1h 10m
1h 30m
Stansted Airport
1h 15m
1h

Sun Path & Natural LightAI generated - Estimated

NESW
North-East-Facing Moderate
5h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Moderate
Evening Low
Bedroom
Morning Good
Afternoon Low
Evening Low

Location Scores

55
Walk Score
Somewhat Walkable
60
Transit Score
Good Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use+Positive Impact
Wivenhoe Community Hub
0.3 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£185,000
AvailableNB0000046349
View Location Analytics

1 Bedroom Apartment

Richard Avenue, Wivenhoe, Colchester CO7 9JQ
Wyvern Place
1
Bedrooms
1
Bathrooms
500
Est. Sq ft
apartment
Type

Developer

Taylor Wimpey
Available Plot Numbers
76
1 plot(s) available
Ownershipleasehold

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£185,0001 Bedroom Apartment

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1 Bedroom Apartment
1 Bedroom ApartmentRichard Avenue, Wivenhoe£185,000

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