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1 bedroom apartment for sale
1 Roger Browning House, Maidenburgh Street, Colchester, Essex CO1 1TT
£85,000
1 Roger Browning House, Maidenburgh Street, Colchester, Essex CO1 1TT
£85,000
Our Summary
- For sale on 29 May 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- With rental properties scarce in the local area and with rental incomes increasing, there is potential to increase the rent and generate in the region of £10,000 per year from this property
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 29
Description
This one-bedroom apartment in Colchester's Dutch Quarter is being sold through an online auction with a guide price and reserve price to be determined. The property is currently let on an AST producing £675 per month, with potential to increase the rent to generate £10,000 per year. The apartment features an entrance hall, kitchen, lounge, double bedroom, and bathroom, with communal parking available. The property benefits from a central location within walking distance of Colchester's historic town center and is close to the train station with links to London. The sale is subject to a 5% deposit and a buyer's fee of 4.8% of the purchase price, with the option to bid online, by proxy, or by phone.