£130,000

1 bed flat for sale
Sheepen Place, Colchester CO3

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: B

Just added
Leasehold
Added on 18/05/2026

About this property

  • Attractive investment opportunity with a strong 8.7% yield

  • One bedroom first floor flat offered with tenant in situ

  • Bright living room with doors opening onto a Juliet balcony

  • Well-arranged kitchen providing practical everyday space

  • Generous bedroom featuring a built-in wardrobe

  • Convenient first floor position with practical features throughout

This well-presented one bedroom first floor flat is offered with a tenant in situ, generating an attractive 8.7% yield, making it an ideal opportunity for investors seeking an immediate rental income.

The property is accessed via an entrance hall, which benefits from a useful airing cupboard as well as an additional storage cupboard, providing excellent practical storage space.

The living room is bright and inviting, featuring doors opening onto a Juliet balcony, allowing plenty of natural light to fill the space while adding an attractive feature to the main living area. The kitchen is well arranged and provides a practical space for everyday use.

The bedroom is well proportioned and benefits from a built-in wardrobe, maximising storage and functionality. The accommodation is completed by the bathroom.

Overall, the property provides a well-balanced layout with practical features throughout, all within a convenient first floor position. As the property is being sold with a tenant in situ, it is available to investors.

Mortgage calculator

Monthly repayment

£650 per month

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More information

  • Tenure

    Leasehold (82 years)

  • Service charge

    £1,583 per year

  • Council tax band

    B

  • Ground rent

  • Ground rent date of next review

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Beresfords - Colchester

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