Guide price

£130,000

2 bed flat for sale
Viceroy Close, Colchester CO2

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

Leasehold
Reduced on 13/10/2025

About this property

  • Two bedroom first floor apartment

  • Secure communal entrance

  • Spacious living / dining room

  • Modern fitted kitchen and bathroom

  • Off-street parking for residents

  • Situated within a well-regarded development

  • Located close to Colchester city centre and mainline railway station

  • Excellent opportunity for buy-to-let investors seeking a property with a tenant already in

Guide Price £130,000 - £140,000 - Sold with a tenant in situ - Current yield 8.3% due to long standing tenant, with current rental increases the property has a potential yield of 9.9%. - Situated within the well-regarded Viceroy Close development, this two bedroom first floor apartment presents an excellent opportunity for buy-to-let investors seeking a property with a tenant already in situ and an immediate rental return.

The property is accessed via a secure communal entrance and opens into a welcoming hallway leading to a spacious living / dining room filled with natural light from large windows. The fitted kitchen offers a practical layout with ample storage and workspace. Two generously sized bedrooms provide comfortable accommodation, while the bathroom is fitted with a three-piece suite.

Externally, the property benefits from off-street parking for residents, adding to its convenience and appeal for tenants.

The development itself is positioned in a popular residential area, well served by local amenities including shops, supermarkets, and leisure facilities. Excellent transport links are nearby, with easy access to Colchester city centre, mainline train stations, and major road networks.

This property offers strong rental potential in a location with consistent demand, making it a smart choice for portfolio expansion or a first investment purchase.

Entrance Hall

Living / Dining Room (13' 3" x 10' 7")

Kitchen (10' 7" x 5' 10")

Bedroom One (12' 11" x 9' 7")

Bedroom Two (8' 3" x 6' 8")

Bathroom (7' 3" x 5' 6")

Mortgage calculator

Monthly repayment

£650 per month

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More information

  • Tenure

    Leasehold (92 years)

  • Service charge

    £1,254 per year

  • Council tax band

    A

  • Ground rent

    £491

  • Ground rent date of next review

  • Ground rent review period

    Every 10 years

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Beresfords - Colchester

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