Reduced
12 photos · FloorplanFor saleReduced 13 Oct 2026
£125,000
Port Lane, Colchester, CO1 2JE
2bedrooms
1bathroom
Apartmenttype
Leaseholdtenure
Listed 28 Aug 2026 · price reduced 13 Oct 2026 · Colchester
How the price compares
This home£125,000
Median 2 bed in CO1£180k42 homes listed · £313 per sq ft
Difference-31%below the area median
Key features
- CHAIN FREE
- 2 BEDROOMS
- SEPARATE KITCHEN
- LOW SERVICE CHARGES AND GROUND RENT
- COMMUNAL GARDENS
- PERFECT FOR FIRST TIME BUYERS OR INVESTORS
- POTENTIAL RENT £1150 PCM - £1200 PCM
About this home
This leasehold property on Port Lane in Colchester provides a practical living space with two bedrooms and a separate kitchen. The absence of a chain simplifies the buying process, making it an attractive option for first-time buyers or those looking to expand their property portfolio. The communal gardens offer a shared outdoor space for relaxation.
The property's affordability is enhanced by low service charges and ground rent, ensuring manageable ongoing costs. With a potential rental income of £1150 to £1200 per calendar month, it presents a compelling investment opportunity with 10% net rental yield. The location in Colchester places you within easy reach of local amenities, transport links and the University.
Colchester is known for its historical significance and vibrant community atmosphere. The area offers a range of educational institutions, including reputable schools, making it suitable for families as well. Act quickly to secure this competitively priced property in a sought-after area.
Property details
- Property type
- Apartment
- Tenure
- Leasehold
- Lease remaining
- 103 years left
- Ground rent
- £10 per year (Ask agent about the review period)
- Service charge
- £644.18 per year
Floorplan
Location
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1 on this map
- Hythe Station0.4 mi
- Colchester Town Station0.7 mi
- Colchester Station1.7 mi
What nearby homes sold for
Median sold prices in CO1 over the last 12 months: terraced £245k · flat £150k · semi-detached £317k · detached £350k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 91 Port Lane Colchester CO1 2FT | Terraced Freehold | 28 Aug 2026 | £235,000 |
| 36 Port Lane Colchester CO1 2JE | Terraced Freehold | 24 Apr 2026 | £220,000 |
| 64 Port Lane Colchester CO1 2HL | Semi-detached Freehold | 7 Apr 2026 | £345,000 |
| 93 Port Lane Colchester CO1 2FT | Terraced Freehold | 5 Jan 2026 | £250,000 |
| 4 Port Lane Colchester CO1 2JF | Terraced Freehold | 14 Nov 2025 | £215,000 |
| 88 Port Lane Colchester CO1 2FT | Terraced Freehold | 24 Oct 2025 | £255,000 |
| 84 Port Lane Colchester CO1 2FT | Terraced Freehold | 7 Jul 2025 | £252,000 |
| 74 Port Lane Colchester CO1 2FT | Terraced Freehold | 9 Jun 2025 | £255,000 |
| 21 Port Lane Colchester CO1 2JF | Terraced Freehold | 14 Mar 2025 | £215,000 |
| 92 Port Lane Colchester CO1 2FT | Terraced Freehold | 14 Mar 2025 | £247,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in CO1
Buying costs
Monthly repayment£625£12,500 deposit · £112,500 loan
Stamp Duty£0England rates
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Keystones Property, Colchester on Rightmove (original listing). First listed 28 Aug 2026; details checked 7 Nov 2026. Latest change: reduced on 13/10/2026.
Agent disclaimer
Disclaimer - Property reference RX828489. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Keystones Property, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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