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East Street, Colchester

Key features

  • INVESTMENT SALE
  • FIVE RENTED FLATS
  • £32,050 INCOME P.A.
  • EASY CITY CENTRE ACCESS
  • TRAIN STATIONS TO HAND
  • LOCAL BUS SERVICE
  • CLOSE TO CASTLE PARK
  • UNIVERSITY NEAR BY

Description

Auction via Clive Emson
Lot 134 - 29 EAST STREET, COLCHESTER, CO1 2TP
Auction Guide Price – £250,000 - Plus Plus fees
The property is to be offered online by Clive Emson Auctioneers on 07 May 2026
To register to bid, view legal documentation or for general auction enquiries please contact the
auctioneers or visit their website cliveemson.co.uk

This five flat residential investment is located in Colchester, close to the city centre and a short distance from the railway station.
Colchester is known for its heritage, as well as its amenities which are within easy reach, as well as popular pubs and restaurants.
The University of Essex is a bus journey from the property’s location

ALL ENQUIRIES TO - Gabby Giedraite/Paul Bridgeman on

The flats are currently tenanted producing an income of £32,050 per annum.
GROUND FLOOR
Communal hallway which includes designated rubbish cupboard for all flats to use.
FLAT 1
Living room/bedroom, kitchen, shower room with W.C.
TENANCY
Let under the terms of an Assured Shorthold Tenancy at a current rental of £500 per calendar month.
EPC RATING E
FLAT 2
Hallway, living room, kitchen, bathroom with W.C., bedroom and access to small private garden.
TENANCY
Let under the terms of an Assured Shorthold Tenancy at a current rental of £575 per calendar month.
EPC RATING E
FIRST FLOOR
FLAT 3
Hallway, living room, kitchen, bathroom with W.C., bedroom.
TENANCY
Let under the terms of an Assured Shorthold Tenancy at a current rental of £551.50 per calendar month.
EPC RATING E
FLAT 4
Hallway, living room, kitchen, bedroom, bathroom with W.C.
TENANCY
Let under the terms of an Assured Shorthold Tenancy at a current rental of £525 per calendar month.
EPC RATING D
FLAT 5
Living room/bedroom, kitchen, shower room with W.C.
TENANCY
Let under the terms of an Assured Shorthold Tenancy at a current rental of £550.00 per calendar month.
EPC RATING G
OUTSIDE
Bike storage and bin store.
AUCTIONEER’S NOTE 1
From 1st May 2026 the tenancies referred to above will become rolling tenancies and referred to as Assured Periodic Tenancies.
AUCTIONEER'S NOTE 2
At the time of publication the Auctioneers have been unable to internally inspect part of the property and photograph all flats. These
details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information
provided.
COUNCIL TAX BANDS FOR ALL FLATS ARE A
- Gabby Giedraite/Paul Bridgeman on
Entry Name: 29, 30, 32, 33, East Street
Listing Date: 24 February 1950
Grade: II
Source: Historic England
Source ID: 1123620
English Heritage Legacy ID: 116944
ID on this website:

Brochures

East Street, ColchesterBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

East Street, Colchester

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About Gallant Richardson, Colchester

5 Culver Street West, Colchester, CO1 1JG

Welcome to Gallant Richardson. We're an independent, partner-led estate agency. We specialise in residential lettings and sales for Colchester and North Essex. We're not part of a large corporate chain. We've established an excellent reputation for providing expert, personal advice on the local property market by following the very best working practices.

Gallant Richardson aims to offer an honest, professional and free valuation service. Should you instruct us we offer a 'no sale, no fee' service to find you a buyer. Of course, finding a buyer is only the start of the process. Our aim is to progress your sale quickly and smoothly to a successful exchange of contracts.

Sellers, Landlords - Advice and Valuations

Whether you intend to sell or let, Gallant Richardson has the expertise to help. We'll provide you with sound, professional advice. Our friendly, fully trained staff's many years' experience in the local marketplace allows you to confidently place your property with us. You can be assured we will look after you.

Property Valuation

If you would like to arrange a free, no obligation appraisal of your property, whether to sell or let, please feel free to contact us.

Marketing: Your property will need wide exposure. As well as being listed on the main search portals, we have our own busy website. Our office is situated in the heart of Colchester's town centre, on a very busy thoroughfare. We guarantee display of your property in our LED-lit window displays.

Concluding the process: Our sales team will negotiate on your behalf to achieve the possible best price. Once a sale is agreed we use our skill and experience to liaise between all parties, keeping your sale's progress on track towards completion.

Investment and Mortgages: If you are thinking of investing in property, we will be pleased to help - whether it is your first buy-to-Let purchase or an expansion of your current portfolio. On our team, we are fortunate to have Tony Kent of Essex Lending Solutions. Tony provides sound, professional, independent advice on residential, buy-to-Let and equity release financial products.

Conveyancing: During our many years of experience in Colchester's property market, Gallant Richardson has developed important connections with some of the leading firms of solicitors in the area. We'll put you in touch with local conveyancers for you to compare charges and services. As we subscribe to a national panel of conveyancers, on behalf of our clients, we're able to obtain very competitive fees rates; to belong to the panel, companies have to adhere to strict service criteria.

Our vision is to provide a transparent and honest service to all our customers. We aim to provide the best possible experience along with the best possible advice.

Affordability

Monthly repayments£1,254
Property: £ 250,000
Deposit: £ 25,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference 34607380. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gallant Richardson, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Gallant Richardson, Colchester on 01206 586090.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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