Freehold Residential Investment Property Arranged As Five Flats

This five flat residential investment is located in Colchester, close to the city centre and a short distance from the railway station. Colchester is known for its heritage, as well as its amenities which are within easy reach, as well as popular pubs and restaurants. The University of Essex is a bus journey from the property’s location.

The flats are currently tenanted producing an income of £32,050 per annum.

Ground Floor

Communal hallway which includes designated rubbish cupboard for all flats to use.

Flat 1

Living room/bedroom, kitchen, shower room with W.C.

Tenancy

Let under the terms of an Assured Shorthold Tenancy at a current rental of £500 per calendar month.

EPC Rating E

Flat 2

Hallway, living room, kitchen, bathroom with W.C., bedroom and access to small private garden.

Tenancy

Let under the terms of an Assured Shorthold Tenancy at a current rental of £575 per calendar month.

EPC Rating E

First Floor

Flat 3

Hallway, living room, kitchen, bathroom with W.C., bedroom.

Tenancy

Let under the terms of an Assured Shorthold Tenancy at a current rental of £551.50 per calendar month.

EPC Rating E

Flat 4

Hallway, living room, kitchen, bedroom, bathroom with W.C.

Tenancy

Let under the terms of an Assured Shorthold Tenancy at a current rental of £525 per calendar month.

EPC Rating D

Flat 5

Living room/bedroom, kitchen, shower room with W.C.

Tenancy

Let under the terms of an Assured Shorthold Tenancy at a current rental of £550.00 per calendar month.

EPC Rating G

Outside

Bike storage and bin store.

Auctioneer’s Note 1

From 1st May 2026 the tenancies referred to above will become rolling tenancies and referred to as Assured Periodic Tenancies.

Auctioneer's Note 2

At the time of publication the Auctioneers have been unable to internally inspect part of the property and photograph all flats. These details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information provided.

Council Tax Bands for all Flats are A