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1 bedroom apartment for sale

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1 bedroom apartment for sale

10 Roger Browning House, Maidenburgh Street, Colchester, Essex, CO1 1TT
£70,000

Our Summary

  • For sale by auction on 07/05/2025 at Live Broadcast Auction Lot Number 7 10 Roger Browning House Maidenburgh Street Colchester Essex CO11TT Guide Price: £80,000 - £100,000 Located in the heart of Colchester, now officially a city, this one-bedroom first-floor apartment sits just moments from the historic Colchester Castle and the picturesque Castle Park
  • While the flat would benefit from some general updating in time, it presents a solid investment with ongoing income
  • Colchester offers a vibrant mix of shopping, dining, and cultural attractions, along with excellent transport links, making this a well-positioned, long-term investment opportunity in a thriving city centre location
  • Tenure: Leasehold - 125 years from 1995 EPC: C Tenancy: AST - May 2011 now periodic Current Yield: £675 PCM / £8,100 pa 1-BED CITY APARTMENT COLCHESTER CASTLE FIRST FLOOR TENANT SINCE 2011 NEEDS LIGHT UPDATING INCOME FROM DAY ONE STRONG CITY INVESTMENT Open viewings have been arranged for: Thu 24 Apr - 16:00 - 17:00 Mon 28 Apr - 09:30 - 10:30 (10 Minute viewing slots MUST be pre-booked) Vendors

Description

This one-bedroom first-floor apartment is located in the heart of Colchester, just moments from the historic Colchester Castle and Castle Park. The property is currently tenanted, with the occupant in place since 2011 on a periodic tenancy, and would benefit from some general updating. Despite this, it presents a solid investment opportunity with ongoing income, offering a yield of £675 PCM or £8,100 pa. The property is leasehold for 125 years from 1995, and has an EPC rating of C. With excellent transport links and a vibrant mix of shopping, dining, and cultural attractions, this is a well-positioned, long-term investment opportunity in a thriving city centre location. Viewings are available by appointment, with pre-booking required.