Summary - East Street, Colchester CO1 2TR
1 bed 1 bath Ground Flat
Ideal buy-to-let near station with immediate rental potential and parking.
- Freehold ground-floor one-bedroom apartment, about 441 sq ft
- Sold with tenant in situ — immediate rental income potential
- Short walk to city centre, castle park and mainline station
- Communal off-street parking to the front
- Period features (exposed beams, Georgian terrace) remain
- Property requires modernisation and cosmetic refurbishment
- Located in deprived area with very high local crime levels
- Cheap council tax and no flood risk
A compact ground-floor one-bedroom flat offered freehold on East Street, a short walk from Colchester city centre and the mainline station. The layout includes a lounge, kitchen, bedroom and en-suite shower room within approximately 441 sq ft, and the building retains period character such as exposed beams and a Georgian terraced frontage.
Sold with a sitting tenant, this property suits buy-to-let investors seeking immediate rental income or a buyer prepared to refurbish for higher returns. Practical benefits include communal off-street parking, fast broadband and no flood risk. Council tax is low, helping running costs stay modest.
Be clear that the flat sits in a deprived, high-crime area and shows signs of general wear; the exterior and some internal finishes will benefit from modernisation. The accommodation is modest in size so it will appeal to single professionals or a rental market targeting commuters rather than families. Prospective purchasers should verify services and consider a survey before purchase.
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