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2 bed flat for sale Butt Road, Colchester, CO2

Asking price

£242,000

Added on 16/10/2026

Retirement home

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Leasehold

Key features

Superb two bedroom first floor apartment
Bistro-style Restaurant
Club Lounge
Guest Suite
Wellness Suite
Estate Manager & YourLife team
Personal Care Packages from the CQC registered team
Lift to all floors & Function Room
24-Hr Emergency Call Systems
PART EXCHANGE, ENTITLEMENTS ADVICE, REMOVALS AND SOLICITORS ALL AVAILABLE – PLEASE TALK WITH THE PROPERTY CONSULTANT FOR MORE INFORMATION

About this property

The Development

Lancer House is a Retirement Living PLUS development, brought to you by McCarthy & Stone. Designed exclusively for the over 70s, this development comprises 53 apartments with numerous communal facilities such as a Club Lounge, a Wellness Suite and a bistro-style restaurant which serves freshly prepared food daily at reasonable prices.

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

Butt Road, Colchester, CO2

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Part of a development

This home is in Lancer House. See the scheme's facilities, developer and other homes there.

Lancer House

McCarthy Stone · Colchester

View development

Mortgage and stamp duty

Property price £242,000

£121k £363k

Deposit10% £24,000

£0 £242k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £218,000 mortgage. Most lenders would want a household income of about £49,000 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
Flat 16, Lancer House, Butt Road Flat / maisonette	Flat / maisonette	Mar 2026	570 sq ft £438/sq ft	570 sq ft	£438	£250,000
Flat 44, Lancer House, Butt Road Flat / maisonette	Flat / maisonette	Feb 2026	829 sq ft £314/sq ft	829 sq ft	£314	£260,000
Flat 51, Lancer House, Butt Road Flat / maisonette	Flat / maisonette	Oct 2025	797 sq ft £326/sq ft	797 sq ft	£326	£260,000
Flat 36, Lancer House, Butt Road Flat / maisonette	Flat / maisonette	Sept 2025	797 sq ft £289/sq ft	797 sq ft	£289	£229,995
Flat 27, Lancer House, Butt Road Flat / maisonette	Flat / maisonette	May 2025	829 sq ft £287/sq ft	829 sq ft	£287	£238,000
Flat 20, Lancer House, Butt Road Flat / maisonette	Flat / maisonette	Mar 2025	775 sq ft £271/sq ft	775 sq ft	£271	£210,000
Flat 6, Lancer House, Butt Road Flat / maisonette	Flat / maisonette	Jul 2024	753 sq ft £463/sq ft	753 sq ft	£463	£349,000
Flat 53, Lancer House, Butt Road Flat / maisonette	Flat / maisonette	Jul 2024	775 sq ft £413/sq ft	775 sq ft	£413	£320,000