Immediate rental opportunity close to station and city amenities.
Chain free; sold with tenant in situ (rental income immediate)
This one-bedroom first-floor apartment sits in the heart of Colchester, a short walk from the station, Castle Park and local amenities. At about 442 sq ft it offers a compact but light-filled living space with modern finishes and double glazing. Broadband and mobile signals are strong — useful for tenants or home workers.
The property is offered chain free and is sold with a tenant in situ, making it most suitable for buy-to-let investors or buyers prepared to take on a let property. It is a leasehold with an average service charge of £1,720 and ground rent of £318, so factor ongoing costs into returns. Council tax is described as cheap.
Constructed between 1900–1929 and with solid brick walls (no insulation assumed), the building has period fabric beneath modern interiors; further insulation or energy improvements may be needed. The wider area shows higher crime levels and local deprivation, which affects rental demand and resale considerations.
Overall this flat offers straightforward rental potential in a central, well-connected location. It will appeal to investors seeking an immediate income stream with minimal purchase friction, and to buyers who value proximity to transport and city amenities but accept local area challenges.
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