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£60,000
Asking price

1 bed retirement property for sale Exeter Drive, COLCHESTER

1 bed 1 bath Retirement property
Retirement home Leasehold

Added on 16/09/2026

About this property

NO ONWARD CHAIN. This one bedroom apartment is situated within Cranmere Court which was developed for over 55 year olds. The property offers excellent access to local amenities, doctors surgery, the Castle Park and Colchester's city centre, with St Botolphs train station within 1 mile.

Key features

  • NO ONWARD CHAIN
  • Second Floor Retirement Apartment
  • Spacious Lounge/Diner
  • Generous Double Bedroom
  • Communal Facilities Available
  • Communal gardens & parking
  • Close to city centre, amenities & transport links

Floorplan

Energy performance

Energy rating band C 77
Current
Potential
92+
A
81-91
B
69-80
C
Current rating: 77 C
Potential rating: 79 C
55-68
D
39-54
E
21-38
F
1-20
G

This home is rated band C, scoring 77 out of 100. The average British home is band D. Its certificate says it could reach band C (79) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Price guide

This home
£116 / sq ft
Area average (sold)
£311 / sq ft
Price per area, sold homes nearby
Lowest
This home
Highest

£116 per sq ft, below almost all recent sales in CO1 (£226–£388, 10th–90th percentile, 505 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 505 homes sold in CO1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in CO1 →

Location

Exeter Drive, COLCHESTER, CO1 2RX

Council tax
Band D (Approx £2,283/year)

Mortgage and stamp duty

Property price £60,000
£30k £90k
Deposit10% £6,000
£0 £60k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £54,000 mortgage. Most lenders would want a household income of about £12,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in CO1 2RX. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
Flat 116, Cranmere Court, Exeter Drive Flat / maisonetteMay 2026484 sq ft £169/sq ft£82,000
Flat 30, Cranmere Court, Exeter Drive Flat / maisonetteFeb 2026484 sq ft £186/sq ft£90,000
Flat 4, Cranmere Court, Exeter Drive Flat / maisonetteSept 2025667 sq ft £127/sq ft£85,000
Flat 232, Cranmere Court, Exeter Drive Flat / maisonetteAug 2025495 sq ft £182/sq ft£90,000
Flat 108, Cranmere Court, Exeter Drive Flat / maisonetteAug 2025549 sq ft £155/sq ft£85,000
Flat 8, Cranmere Court, Exeter Drive Flat / maisonetteMar 2025667 sq ft £135/sq ft£90,000
Flat 106, Cranmere Court, Exeter Drive Flat / maisonetteOct 2024527 sq ft £178/sq ft£94,000
Flat 16, Cranmere Court, Exeter Drive Flat / maisonetteAug 2024495 sq ft £212/sq ft£105,000

All sales on Exeter Drive → All sold prices in Colchester →

Area insights

The neighbourhood around this property.

Marketed by
William H. Brown, Colchester Culver Street West
8 Culver Street West, COLCHESTER, Essex
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