Summary - Flat 21, Victoria House, Eld Lane CO1 1PE
2 bed 1 bath Apartment
Central location with parking and long lease, ready to move into.
Top-floor two-bedroom apartment with open-plan kitchen/living area
Approximately 625 sq ft – compact, comfortable living space
Allocated off-street parking included
Long lease: 139 years remaining (leasehold)
Service charge approx £1,440 pa; ground rent £120 pa
Very slow broadband speeds in the building
Area records very high crime levels — consider security/insurance costs
Close to mainline station, shops and city-centre amenities
Set on the top floor of Victorian-era Victoria House, this two-bedroom apartment offers a bright, well-presented open-plan living space with skylights and a contemporary finish. At around 625 sq ft it delivers compact but comfortable accommodation ideal for first-time buyers or buy-to-let investors seeking central convenience.
Practical details are favourable: a long lease (139 years remaining), allocated off-street parking and a modern gas boiler with radiators. The location is a major benefit — moments from Colchester city centre, the mainline station with fast links to London, and an extensive range of shops, cafés and services right on Eld Lane.
Buyers should note material drawbacks plainly. Broadband speeds in the building are reported as very slow and the immediate area records very high crime levels, which may affect rental appeal and insurance costs. Service charges average £1,440 per year and ground rent is £120 annually; the tenure is leasehold.
Overall this top-floor apartment suits someone prioritising central transport links and a ready-to-move-in home that needs little immediate work. It offers straightforward rental potential or an accessible starter home, provided buyers are comfortable with the urban setting and the building's communal cost profile.
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