Guide price

£115,000

(£144/sq. ft)

2 bed flat for sale
Quayside Drive, Colchester, Essex CO2

    • 2 beds

    • 2 baths

    • 1 reception

    • 797 sq. ft

  • EPC Rating: B

Auction
Leasehold
Reduced on 27/06/2026

About this property

  • For Sale by Modern Auction – T & c’s apply

  • Subject to Reserve Price

  • Buyers fees apply

  • The Modern Method of Auction

  • Open plan living / dining / kitchen

  • Two bedrooms and two bathrooms

  • Allocated parking and use of communal gym

  • Easy access to city centre and university

Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited. Ideally located for both the University of Essex and Colchester city centre, this two-bedroomed, first floor apartment offers accommodation comprising open plan living room / kitchen, main bedroom with ensuite shower room, further double bedroom and bathroom. The property also benefits from use of a communal gym, basement parking and excellent transport links.

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Entrance Hall (3.7m x 1.04m (12' 2" x 3' 5"))

Living Room (5.6m x 3.3m (18' 4" x 10' 10"))

Kitchen (2.57m x 1.9m (8' 5" x 6' 3"))

Main Bedroom (4.14m x 3.94m (13' 7" x 12' 11"))

Irregular shape room.

Ensuite (1.88m x 1.6m (6' 2" x 5' 3"))

Bedroom (3.5m x 3m (11' 6" x 9' 10"))

Bathroom (1.83m x 1.7m (6' 0" x 5' 7"))

Charges

Current service charge: £3,170.78 p.a. Reviewed annually and paid at six monthly intervals.
Ground rent: £216 p.a. Reviewed annually.

Services

We understand mains electricity, water and drainage are connected to the property.

Broadband And Mobile Availability

Broadband and Mobile Data supplied by Ofcom Mobile and Broadband Checker.
Broadband: At time of writing there is Standard, Superfast and Ultrafast broadband availability.
Mobile: At time of writing, it is likely there is good outdoor and in-home EE mobile availability and good outdoor and variable in-home O2, Three and Vodafone mobile availability.

Mortgage calculator

Monthly repayment

£575 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (133 years)

  • Service charge

    £3,171 per year

  • Council tax band

    C

  • Ground rent

    £216

  • Ground rent date of next review

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