From
£120,000
1 bed flat for salePriory Street, Colchester, Essex CO1
1 bed
1 bath
EPC Rating: C
Just added
Auction
Freehold
About this property
Investment Opportunity
Two Ground Floor Studio Apartments plus Freehold.
A rare chance to acquire two self contained ground floor studio apartments, sold together with the entire freehold of this pre 1900 period building in central Colchester.
Perfectly positioned just moments from the town centre, Castle Park, and excellent transport links, this package offers strong long term rental appeal and secure future value.
Both studios offer open plan living, private kitchenettes and shower rooms, making them highly lettable for professionals or single occupants. The freehold provides full control of the building and future optimisation potential.
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
Two Ground Floor Studio Apartments plus Freehold.
A rare chance to acquire two self contained ground floor studio apartments, sold together with the entire freehold of this pre 1900 period building in central Colchester.
Perfectly positioned just moments from the town centre, Castle Park, and excellent transport links, this package offers strong long term rental appeal and secure future value.
Both studios offer open plan living, private kitchenettes and shower rooms, making them highly lettable for professionals or single occupants. The freehold provides full control of the building and future optimisation potential.
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
Mortgage calculator
Monthly repayment
£600 per month
Whole of market comparison
70+ lenders and 10,000+ products
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.



.png)