Guide price
£130,000
2 bed flat for sale10 Joy Clucas House, Apprentice Drive, Colchester, Essex CO4
2 beds
EPC Rating: C
Just added
Auction
Leasehold
About this property
For sale by auction on Wednesday, 25 Mar 2026 at 10:00
Venue: Livestream Auction
A particularly well maintained tenanted ground floor flat
This modern purpose built ground floor flat is situated on the north western outskirts of the city between the railway station and golf club.
The property offers 2 bedroom, 2 bathroom accommodation together with an allocated parking space and has been let on a 12 month tenancy from September 2025 at a rent of £1,200 per calendar month.
The tenants have maintained the property exceptionally well and with a gross annual yield of over 11% based on the low end of the Guide Price there's no doubt this is a first class investment opportunity.
Leasehold Information
Term: 150 years (less one day) from 1 August 2007 (131 years remaining)
Annual ground rent amount: £196.62
Ground rent review period: To be confirmed
Annual service charge amount: £1,418.41
Service charge review period: To be confirmed
Council Tax Band
B
EPC Rating: C
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
A particularly well maintained tenanted ground floor flat
This modern purpose built ground floor flat is situated on the north western outskirts of the city between the railway station and golf club.
The property offers 2 bedroom, 2 bathroom accommodation together with an allocated parking space and has been let on a 12 month tenancy from September 2025 at a rent of £1,200 per calendar month.
The tenants have maintained the property exceptionally well and with a gross annual yield of over 11% based on the low end of the Guide Price there's no doubt this is a first class investment opportunity.
Leasehold Information
Term: 150 years (less one day) from 1 August 2007 (131 years remaining)
Annual ground rent amount: £196.62
Ground rent review period: To be confirmed
Annual service charge amount: £1,418.41
Service charge review period: To be confirmed
Council Tax Band
B
EPC Rating: C
Additional Fees
Buyers Premium: £1200 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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