£135,000
2 bed flat for saleVitoria Mews, Colchester CO2
2 beds
1 bath
1 reception
EPC Rating: C
Michaels Property Consultants
.png)
About this property
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
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.
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.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.