1/8
£200,000
3 beds · 1 bath
Magdalen Street, Colchester, CO1 2LF
0 miles
away
Added yesterday eXp UK
1/10
1/10
£85,000
Asking price 1 bed flat for sale Magdalen Street, Colchester Town Centre, Colchester, CO1
1
bed 1
bath Flat
Leasehold
Added on 16/09/2026
About this property
Situated in the heart of Colchester on the ever-convenient Magdalen Street, this one-bedroom flat offers an excellent opportunity for buyers seeking a property with scope to add value and personalise to their own tastes. Benefiting from its own private entrance, the property enjoys a prime town-centre position just 0.4 miles from Colchester Town Station, with a wide range of shops, restaurants and transport links, including Colchester Bus Station, all within easy reach.
Key features
- Own Front Door
- £50 Ground Rent Per Annum
- No Maintenance Charge
- Long lease
Location
Magdalen Street, Colchester Town Centre, Colchester, CO1, CO1 2LF
- Council tax
- Band A (Approx £1,522/year)Colchester's 2026/27 area average, including the typical parish precept for band A. Your bill may differ: single-person and other discounts may apply.
Mortgage and stamp duty
Property price £85,000
£43k £128k
Deposit11% £9,000
£0 £85k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £76,000 mortgage. Most lenders would want a household income of about £17,000 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 CO1 2LF. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 125, Magdalen Street Terraced | Terraced | Nov 2025 | 818 sq ft £229/sq ft | 818 sq ft | £229 | £187,500 |
| 133, Magdalen Street Terraced | Terraced | Aug 2024 | 1,023 sq ft £220/sq ft | 1,023 sq ft | £220 | £225,000 |
| 115, Magdalen Street Terraced | Terraced | Oct 2023 | 581 sq ft £353/sq ft | 581 sq ft | £353 | £205,000 |
| 120, Magdalen Street Terraced | Terraced | Jul 2023 | 646 sq ft £325/sq ft | 646 sq ft | £325 | £210,000 |
| 115, Magdalen Street Terraced | Terraced | Apr 2023 | 581 sq ft £225/sq ft | 581 sq ft | £225 | £131,000 |
| Flat 2, The Beer House, 126, Magdalen Street Flat / maisonette | Flat / maisonette | Jan 2022 | — | — | — | £97,000 |
| Flat 3, 124, Magdalen Street Flat / maisonette | Flat / maisonette | Dec 2021 | — | — | — | £90,000 |
| 125, Magdalen Street Terraced | Terraced | Jul 2021 | 818 sq ft £189/sq ft | 818 sq ft | £189 | £155,000 |
All sales on Magdalen Street → All sold prices in Colchester →
Area insights
The neighbourhood around this property.
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