1/7
£130,000
Flat · 1 bed · 1 bath · 487 sq ft
Eld Lane, Colchester, CO1
0.06 miles away
Leasehold
1/4
1/4
5 bed flat for sale Vineyard Street, Colchester, CO2
Guide price
£700,000
Added on 23/09/2026
Added on 23/09/2026
- Type
- Flat
- Bedrooms
- 5
- Bathrooms
- 5
- Tenure
- Ask agent
About this property
GUIDE PRICE £700,000-£750,000
A great opportunity to acquire a freehold investment portfolio in Colchester City Centre generating £65,000 of annual income. Colchester has had significant regeneration in recent years and has been one of Britain's fasting growing cities, with a number of significant new developments having been built in recent years. The population has increased from 173,100 in the 2011 census to 192,700 in the 2021 census. There is a mainline rail station with trains to London taking from as little as 56 minutes, and the University of Essex is in the top 25 UK Universities according to The Guardian University Guide.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,522
- Band B£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
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Colchester, 2026/27 bills run from £1,522 a year in band A to £4,566 in band H.
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.
Location
Vineyard Street, Colchester, CO2
Mortgage and stamp duty
Property price £700,000
£350k £1.1m
Deposit10% £70,000
£0 £700k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £630,000 mortgage. Most lenders would want a household income of about £140,000 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 in CO2. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 2, Reverdy House, Earlswood Way CO2 9JP Flat / maisonette | Flat / maisonette | Aug 2026 | 646 sq ft £286/sq ft | 646 sq ft | £286 | £185,000 |
| 6, Richmond Road CO2 7FR Terraced | Terraced | Aug 2026 | 1,389 sq ft £256/sq ft | 1,389 sq ft | £256 | £355,000 |
| 146, Monkwick Avenue CO2 8NB Terraced | Terraced | Aug 2026 | 893 sq ft £299/sq ft | 893 sq ft | £299 | £267,000 |
| Hill Crest, Abberton Road CO2 0LA Detached | Detached | Aug 2026 | n/a | n/a | n/a | £550,000 |
| Carriglee, 13, Tumulus Way CO2 9SD Detached | Detached | Aug 2026 | 1,345 sq ft £360/sq ft | 1,345 sq ft | £360 | £485,000 |
| 35, Rainsborowe Road CO2 7JU Semi-detached | Semi-detached | Aug 2026 | 958 sq ft £360/sq ft | 958 sq ft | £360 | £345,000 |
| 38, Lisle Road CO2 7SB Terraced | Terraced | Aug 2026 | 883 sq ft £295/sq ft | 883 sq ft | £295 | £260,000 |
| 7, Dorchester End CO2 8AR Detached | Detached | Aug 2026 | 1,249 sq ft £292/sq ft | 1,249 sq ft | £292 | £364,000 |
Area insights
The neighbourhood around this property.
