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Fixed price

£130,000

1 bed flat for sale
Sheepen Place, Colchester CO3

    • 1 bed

    • 1 bath

    • 1 reception

Just added
Shared ownership
Added on 02/02/2026

About this property

  • Fixed Price - £130,000

  • First-floor one-bedroom apartment

  • Sought-after location within walking distance of Colchester City Centre

  • Easy access to Colchester North Station with direct links to London Liverpool Street

  • Bright and spacious open-plan living, dining, and kitchen area

  • Well-proportioned bedroom with ample natural light

  • Well-maintained throughout

  • Ideal first time purchase

  • Allocated off-street parking space included

  • Excellent balance of city convenience and commuter accessibility

Michaels Property Consultants are delighted to offer for sale this well-presented first-floor, one-bedroom apartment, ideally positioned within easy walking distance of Colchester City Centre and Colchester North Station.

The apartment features a bright and modern open-plan living arrangement, seamlessly combining the lounge, dining area, and kitchen to create a spacious and inviting environment, enhanced by an abundance of natural light. A large double bedroom benefits from built in wardrobes.

This property represents an excellent opportunity for first-time buyers, looking for a well-located apartment with strong appeal. For further information or to arrange a viewing, please contact Michaels Property Consultants.

The property is held on a leasehold basis, with a lease term of 99 years from 21 July 2009, leaving approximately 82 years remaining. The apartment is offered for sale on a shared ownership basis (if of interest), with a 70% share available to purchase (£91,000), while the remaining 30% is retained by East Light Community Homes, as well as the 100%, valued at a fixed price of £130,000. A combined service charge and ground rent of £131.95 per calendar month is payable to Sapphire Property Management. Please note all shared ownership properties are subject to meeting criteria. All leasehold information and shared ownership criteria should be confirmed with a buyers legal representative at an early stage of your conveyance to prevent any discrepancy.

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Monthly repayment

£650 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.

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Michaels Property Consultants

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