Summary - 25 QUAYSIDE DRIVE COLCHESTER CO2 8GE
1 bed 1 bath Apartment
Compact leasehold apartment with balcony and parking — auction sale suited to investors or first-time buyers.
Compact one-bedroom apartment, approximately 304 sq ft
Set within the Quayside Drive development, this compact one-bedroom apartment offers an efficient open-plan layout and a private balcony. At about 304 sq ft the flat is well presented and move-in ready, with an en suite, separate cloakroom and allocated off-street parking — straightforward assets for lettings or first-time purchase.
The property is being sold via a secure online auction with immediate exchange options and no onward chain, which can speed completion but requires buyers to follow auction verification and conditional terms. The long lease (134 years remaining) is a positive, however the average service charge of c.£1,500 pa and leasehold status are important ongoing costs to factor in.
Located in a cosmopolitan, student‑dominated neighbourhood close to shops, restaurants and Colchester Hythe station, the apartment suits investors targeting the student/young-professional market or buyers seeking a central, low‑maintenance home. Broadband and mobile signal are strong and flood risk is very low.
Notable negatives include the property’s small overall size and the local area’s higher crime level; both may affect resale or rental positioning. The sale via auction and secure-sale process means purchase terms differ from a private treaty sale — bidders should review the auction conditions and budget for any required ID/AML verification before bidding.
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