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Shared ownership
1/12
£70,000
Guide Price

1 bed flat for sale Sheepen Place, Colchester

1 bed 1 bath Apartment
70% share · about £100,000 full valueFor sale by auction Leasehold

Added on 16/09/2026

About this property

Set on Sheepen Place in the heart of Colchester, this well-presented top-floor apartment offers an inviting blend of comfort, convenience and modern living. The property features a generous double bedroom, a contemporary bathroom and a bright, spacious lounge that flows naturally into a neatly designed kitchenette, creating an ideal space for relaxing or entertaining. The location places you within easy reach of Colchester’s vibrant town centre, with its wide selection of shops, cafés, restaurants and leisure facilities.

Key features

  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • NO ONWARD CHAIN
  • ALLOCATED PARKING SPACE
  • 70% SHARE - IDEAL FIRST TIME BUY
  • TOP FLOOR APARTMENT
  • WALKING DISTANCE TO CITY CENTRE

Floorplan

Location

Sheepen Place, Colchester, CO3 3LT

Council tax
Band D (Approx £2,283/year)

Mortgage and stamp duty

Property price £70,000
£35k £105k
Deposit10% £7,000
£0 £70k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years

A £63,000 mortgage. Most lenders would want a household income of about £14,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Historic sold prices nearby

HM Land Registry sales in CO3 3LT. Floor areas from Energy Performance Certificates where matched.

AddressSoldSizePrice
122, Sheepen Place Flat / maisonetteJul 2025409 sq ft £269/sq ft£110,000
112, Sheepen Place Flat / maisonetteMay 2025495 sq ft £205/sq ft£101,500
84, Sheepen Place Flat / maisonetteSept 2024431 sq ft £372/sq ft£160,000
90, Sheepen Place Flat / maisonetteJun 2024710 sq ft £274/sq ft£195,000
88, Sheepen Place Flat / maisonetteMay 2024474 sq ft £280/sq ft£132,500
100, Sheepen Place Flat / maisonetteApr 2024592 sq ft £241/sq ft£142,500
62, Sheepen Place Flat / maisonetteFeb 2024431 sq ft £248/sq ft£106,575
32, Sheepen Place Flat / maisonetteFeb 2024474 sq ft £222/sq ft£105,000

All sales on Sheepen Place → All sold prices in Colchester →

Area insights

The neighbourhood around this property.

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