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1 bed Apartment property

Available

For Sale

Listed Jul 16, 2025

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£70,000

Available

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Description

"For sale by auction on 07 05 2025 at Live Broadcast Auction

Lot Number 7

10 Roger Browning House
Maidenburgh Street
Colchester
Essex
CO11TT

Guide Price
£80,000 £100,000

Located in the heart of Colchester, now officially a city, this one bedroom first floor apartment sits just moments from the historic Colchester Castle and the picturesque Castle Park. The accommodation includes a living room with kitchen area, a bedroom, and a bathroom. The property is currently tenanted, with the occupant in place since 2011 on a now periodic tenancy and happy to remain. While the flat would benefit from some general updating in time, it presents a solid investment with ongoing income. Colchester offers a vibrant mix of shopping, dining, and cultural attractions, along with excellent transport links, making this a well positioned, long term investment opportunity in a thriving city centre location.

Tenure Leasehold 125 years from 1995

EPC C

Tenancy AST May 2011 now periodic

Current Yield £675 PCM £8,100 pa

1 BED CITY APARTMENT
COLCHESTER CASTLE
FIRST FLOOR
TENANT SINCE 2011
NEEDS LIGHT UPDATING
INCOME FROM DAY ONE
STRONG CITY INVESTMENT

Open viewings have been arranged for

Thu 24 Apr 16 00 17 00
Mon 28 Apr 09 30 10 30

10 Minute viewing slots
MUST be pre booked

Vendors Solicitors
Mr Paul Connolly
Sparlings Solicitors
3 West Stockwell Street
Colchester
CO1 1HQ

How is this property being sold?
This property is being sold via a traditional live streamed AUCTION. To participate, you ll need to attend the scheduled open viewing, review the Legal Pack available on our website, and ensure your finances are in order, or be ready to proceed without funding.

Properties are sold subject to reserve prices and are chain free, meaning contracts are immediately exchanged when the hammer falls. If successful, a 10% deposit is required on the same day, with the remaining 90% due upon completion, typically within 28 days. Guide prices reflect the vendor s minimum expectations, and bidding can be done online, by phone, or via proxy.

We don t charge any Buyers Premium or hidden fees; only a fixed administration fee of £1,200 is applied upon a successful purchase. For any questions about the auction process, please contact our office."