Sheepen Place, Colchester, CO3
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- One bedroom ground floor apartment
- Shared ownership opportunity
- 70% share available at £105,000
- Full market value of £150,000
- Modern bathroom suite
- Double bedroom with built-in storage
- Open-plan living, dining and kitchen area
- Private terrace accessed via patio doors
- Walking distance to Colchester North Station
- Close to Colchester City Centre and Castle Park
Description
Sheepen Place, Central Colchester, CO3 Shared Ownership Opportunity
70% Share Available at £105,000
(Full Market Value £150,000)
This property is available through a shared ownership arrangement, with a 70% share available to purchase for £105,000. Shared ownership can provide a more affordable route onto the property ladder, allowing buyers to purchase an agreed percentage of the property. The property may also be available to purchase at full market value, subject to agreement with the shared ownership provider. Purchasers will be required to meet the relevant eligibility criteria, and our team will be happy to discuss the scheme and help determine whether you qualify.
Property
An excellent opportunity to acquire this well-presented one-bedroom ground floor apartment, ideally situated within walking distance of Colchester City Centre and Colchester North Station. The property offers a welcoming entrance hall, a modern bathroom, a generous double bedroom with built-in storage, and a spacious open-plan living, dining and kitchen area. Patio doors provide direct access to a private terrace, creating an ideal space for relaxing or entertaining.
Location
Sheepen Place enjoys a highly convenient city centre location, offering easy access to a wide range of shops, restaurants, cafés and everyday amenities. Colchester North Station is within close proximity, providing direct rail services to London Liverpool Street, making the property ideal for commuters. Residents can also enjoy nearby Castle Park, one of the city's most popular green spaces, alongside excellent road and public transport links throughout the area.
Other Information
It's owner will also be able to benefit from a residents gym. Water and gas is also included within the service charge payable.
Leasehold Information
We understand this property is offered on a leasehold basis and when any new owner completes on the property, a brand-new lease of 99 years will be applied. Service charge of £1615.36 is payable per annum and we are informed no ground rent is payable. We advise all interested parties to confirm leasehold associated fees, length and set up with their solicitor at an early stage of their conveyance to prevent any discrepancy. The same applies for shared ownership criteria and associated conveyance.
Viewing
Early viewing is highly recommended and strictly by appointment through Michaels Property Consultants. Contact our team today to arrange your viewing and discuss your eligibility for this shared ownership opportunity.
Entrance Hall
Bedroom
Bathroom
Living/Dining/Kitchen
- 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.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Sheepen Place, Colchester, CO3
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Visit our security centre to find out moreDisclaimer - Property reference 29695207. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.