Affordable canal-side home near university and station with parking.
35% shared ownership available, option to purchase 100% via housing association
This two-bedroom apartment at Hythe Quay offers an entry-level route onto the property ladder via shared ownership (35% available) with the option to buy 100% through the housing association. The open-plan kitchen/living room benefits from integrated appliances, laminate flooring and a Juliet balcony that captures a pleasant canal view—useful for weekend relaxation or low-maintenance city living.
Practical features include a long lease, secure allocated off-street parking and a modern bathroom with shower-over-bath. The building’s mid-terrace, contemporary construction keeps upkeep straightforward, and the service charge is £503, noted as below average. Commuting is easy: Hythe station is close by and Colchester city centre lies about 1.4 miles away; the University of Essex is also within convenient reach.
Buyers should be aware this is a compact apartment (around 542 sq ft) in a deprived, cosmopolitan student neighbourhood. Broadband speeds are reported as very slow, which may affect home working or streaming. The property is leasehold and offered under a shared ownership scheme; full ownership would require arranging purchase through Home Group. Crime is average locally, and there is no private garden.
Overall, the flat suits first-time buyers or professionals seeking an affordable canal-side home with straightforward maintenance and strong transport links. It represents good value if you prioritise location, parking and low-maintenance living, but allow for limited space and slower internet when planning usage or refurbishment.
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