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Vitoria Mews, Colchester, CO2

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • CASH BUYERS ONLY
  • Investment Opportunity
  • Second Floor Apartment
  • Two Double Bedrooms
  • Open Plan Kitchen/Living/Family Room
  • 230 Year Lease Remaining!
  • Ground Rent £275.00p P/A
  • Service Charge £1830.00p P/A
  • Allocated Parking

Description

Excellent Two-Bedroom Apartment – South Colchester – CASH BUYERS ONLY

Please note this property is available to cash buyers only and is therefore offered at a very attractive price below current market value. For further information, please contact a consultant today.

Situated in a sought-after South Colchester location, the property is conveniently placed close to a wide range of local amenities, shops, and a regular bus network providing easy access to the city centre. The apartment also benefits from outlooks onto an attractive green space.

Located on the second floor, this well-presented apartment is currently let until August 2026, with tenants keen to remain in situ, subject to a review of terms. The accommodation comprises a welcoming entrance hall, a feature open-plan living/dining/kitchen area, two double bedrooms, and a family bathroom. Additional benefits include a new water tank installed in 2025, bicycle storage and allocated parking.

Leasehold Information: The property is offered on a leasehold basis with a 250-year lease from 1 January 2006, leaving approximately 230 years remaining. The service charge is approximately £1,830 per annum, with a ground rent of £275 per annum. All interested parties are advised to confirm these details with their solicitor at an early stage of conveyancing.

Current tenancy: The current tenancy agreement is until August 2026, currently paying £950 PCM, offering a gross yield of 8.4%. The current tenants are keen to remain in situ, subject to terms being agreed.

Viewings can be arranged through one of our consultants.

Entrance Hall

Master Bedroom

12' 10" x 8' 5" (3.91m x 2.57m)

Bedroom Two

11' 7" x 8' 2" (3.53m x 2.49m)

Bathroom

6' 11" x 5' 7" (2.11m x 1.70m)

Living Room/Kitchen

Living Room - 15' 3" x 14' 5" (4.65m x 4.39m)

Kitchen - 11' 8" x 6' 0" (3.56m x 1.83m)

Additional Information

Leasehold Information: The property is offered on a leasehold basis with a 250-year lease from 1 January 2006, leaving approximately 230 years remaining. The service charge is approximately £1,830 per annum, with a ground rent of £275 per annum. All interested parties are advised to confirm these details with their solicitor at an early stage of conveyancing.



Current tenancy: The current tenancy agreement is until August 2026, currently paying £950PCM, offering a gross yield of 8.4%. The current tenants are keen to remain in situ, subject to terms being agreed.

Brochures

Brochure 1
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.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
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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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Vitoria Mews, Colchester, CO2

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About Michaels Property Consultants Ltd, Colchester

Rebow House 62 Head Street Colchester CO1 1PB

A Fresh Approach To Buying & Selling Property.

At Michaels Property Consultants we pride ourselves in being different. We don't practice as stereotypical estate agents: talking at people and hard selling.

We listen to our clients. Every customer is different, they have their own needs and timescales and we are dedicated to putting these first. With over 30 years combined experience in property, we have developed extensive knowledge of the local area and we are able to give our customers genuine, professional advice at all times, whether they're buying or selling.

We provide advice on what people really want to know, whether it be regarding schools, local amenities or even where to eat. We also offer a private service to investment buyers, assisting them in making the best decisions in building their portfolios.

Michaels understand that a person's home is more than likely to be their biggest financial asset, so we use the highest quality of marketing to ensure that we achieve the best price possible.

We strive to provide people with a customer service beyond their expectations and we are so confident in delivering this that if you are marketing your home with us and not satisfied, we ask for just 14 days written notice at any given time.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£616
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 16471377. 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 Michaels Property Consultants Ltd, 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.

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