Sheepen Place, Colchester, CO3 3LT
Listed 18 May 2026 · Colchester
How the price compares
Key features
- Attractive investment opportunity with a strong 8.7% yield
- One bedroom first floor flat offered with tenant in situ
- Bright living room with doors opening onto a Juliet balcony
- Well-arranged kitchen providing practical everyday space
- Generous bedroom featuring a built-in wardrobe
- Convenient first floor position with practical features throughout
About this home
This well-presented one bedroom first floor flat is offered with a tenant in situ, generating an attractive 8.7% yield, making it an ideal opportunity for investors seeking an immediate rental income.
The property is accessed via an entrance hall, which benefits from a useful airing cupboard as well as an additional storage cupboard, providing excellent practical storage space.
The living room is bright and inviting, featuring doors opening onto a Juliet balcony, allowing plenty of natural light to fill the space while adding an attractive feature to the main living area. The kitchen is well arranged and provides a practical space for everyday use.
The bedroom is well proportioned and benefits from a built-in wardrobe, maximising storage and functionality. The accommodation is completed by the bathroom.
Overall, the property provides a well-balanced layout with practical features throughout, all within a convenient first floor position. As the property is being sold with a tenant in situ, it is available to investors.
Property details
- Property type
- Apartment
- Council tax band
- B
- Tenure
- Leasehold
- Lease remaining
- 81 years left
- Service charge
- £1,583.37 per year
Floorplan
Location
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1 on this map
- Colchester Station0.5 mi
- Colchester Town Station0.7 mi
- Hythe Station1.6 mi
What nearby homes sold for
Median sold prices in CO3 over the last 12 months: detached £450k · semi-detached £335k · flat £175k · terraced £293k.
| Address | Type | Sold | Price |
|---|---|---|---|
| 124 Sheepen Place Colchester CO3 3LT | Flat Leasehold | 22 Sept 2025 | £142,000 |
| 122 Sheepen Place Colchester CO3 3LT | Flat Leasehold | 2 Jul 2025 | £110,000 |
| 17 Sheepen Place Colchester CO3 3LD | Terraced Freehold | 2 Jul 2025 | £260,000 |
| 112 Sheepen Place Colchester CO3 3LT | Flat Leasehold | 27 May 2025 | £101,500 |
| 84 Sheepen Place Colchester CO3 3LT | Flat Leasehold | 6 Sept 2024 | £160,000 |
| 5 Sheepen Place Colchester CO3 3LD | Terraced Freehold | 31 Jul 2024 | £225,000 |
| 90 Sheepen Place Colchester CO3 3LT | Flat Leasehold | 26 Jun 2024 | £195,000 |
| 88 Sheepen Place Colchester CO3 3LT | Flat Leasehold | 31 May 2024 | £132,500 |
| 100 Sheepen Place Colchester CO3 3LT | Flat Leasehold | 11 Apr 2024 | £142,500 |
| 62 Sheepen Place Colchester CO3 3LT | Flat Leasehold | 29 Feb 2024 | £106,575 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in CO3
Buying costs
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 Beresfords, Colchester on Rightmove (original listing). First listed 18 May 2026; details checked 7 Nov 2026. Latest change: added on 18/05/2026.
Agent disclaimer
Disclaimer - Property reference COS260099. 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 Beresfords, 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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