Guide price

£125,000

2 bed flat for sale
Avon Way, Colchester, Essex CO4

    • 2 beds

    • 1 reception

  • EPC Rating: D

Just added
Leasehold
Added on 02/09/2026

About this property

  • Investment opportunity

  • Approx £1200 per month rental income

  • Guaranteed for 5 years from Oct 2024 based on 52 week residency.

  • Council nominated tenants only.

  • Fully Managed by BeyondtheBox for an 8% charge.

  • Communal Residents Lounge and Laundry.

  • Close to Station and the A12

*Investors Only*

price range £125,000 to £135,000

These blocks of flats offer a great opportunity for investors.
These are managed flats and as such you can purchase the property safe in the knowledge that an experienced compnay takes care of all the necessary day to day management (for a fee of 8%). At the middle of the price range taking the 8% fee into account the gross yield is 9.5%.

Further details regarding the set up are available from the Colchester Office.

Entrance Hall

Lounge (5.87m x 3.1m)

Kitchen (3.12m x 2.6m)

Bathroom

Bedroom 1 (3.58m x 2.6m)

Bedroom 2 (3.1m x 2.9m)

Mortgage calculator

Monthly repayment

£625 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (109 years)

  • Service charge

    £3,100 per year

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

    £500

  • Ground rent date of next review

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