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2 bed flat for sale Caelum Drive, Colchester, CO2

Asking price

£135,000

Added on 20/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Tenure: Ask agent

Council tax Band B £1,776 a year

About this property

GUIDE PRICE £135,000 Situated in the popular area of Hythe, conveniently located close to Colchester city centre and the University of Essex, this well-proportioned top-floor apartment presents an excellent opportunity for both investors and owner-occupiers. The property is available with tenants in situ, currently generating a rental income of £1,150 per calendar month, or with vacant possession, offering flexibility to suit a range of buyers. The accommodation begins with an entrance hallway providing access to all rooms, along with a useful storage cupboard housing the immersion heater.

Floorplan

Council tax

Band B £1,776 a year

Per year

Band A

£1,522
Band B

This home: £1,776
Band C

£2,029
Band D

£2,283
Band E

£2,790
Band F

£3,297
Band G

£3,805
Band H

£4,566

This home is in band B, which costs £1,776 a year in Colchester for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Colchester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

65 comparables · within 2.9 miles

Cheaper than 86% of the 2-bed flats for sale nearby right now.

This home, £135,000 Median £160,000 · £130,000 – £242,000

Compared with 65 2-bed flats for sale within 2.9 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Caelum Drive, Colchester, CO2

Open map Street View

Mortgage and stamp duty

Property price £135,000

£67k £203k

Deposit10% £14,000

£0 £135k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £121,000 mortgage. Most lenders would want a household income of about £27,000 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.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
72, Caelum Drive Flat / maisonette	Flat / maisonette	Jul 2025	678 sq ft £221/sq ft	678 sq ft	£221	£150,000
12, Caelum Drive Flat / maisonette	Flat / maisonette	Nov 2024	700 sq ft £236/sq ft	700 sq ft	£236	£165,000
102, Caelum Drive Flat / maisonette	Flat / maisonette	Sept 2023	1,216 sq ft £209/sq ft	1,216 sq ft	£209	£254,000
62, Caelum Drive Flat / maisonette	Flat / maisonette	Jan 2023	624 sq ft £277/sq ft	624 sq ft	£277	£172,900
6, Caelum Drive Flat / maisonette	Flat / maisonette	Dec 2022	732 sq ft £253/sq ft	732 sq ft	£253	£185,000
84, Caelum Drive Flat / maisonette	Flat / maisonette	Oct 2022	624 sq ft £304/sq ft	624 sq ft	£304	£190,000
68, Caelum Drive Flat / maisonette	Flat / maisonette	Jul 2021	614 sq ft £302/sq ft	614 sq ft	£302	£185,000
92, Caelum Drive Flat / maisonette	Flat / maisonette	Dec 2020	667 sq ft £279/sq ft	667 sq ft	£279	£186,000