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Guide price
£130,000

2 bedroom flat for sale

10 Joy Clucas House, Apprentice Drive, Colchester, Essex CO4 5TY
Auction
Added yesterday
Flat
2 beds
2 baths
667
EPC rating: C
Added yesterday

Key information

TenureLeasehold
Ground rent£198 per annum | review period: unconfirmed
Service charge£1,418 per annum
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Outstanding ground floor flat
  • Open plan living room/kitchen
  • 2 bedrooms (1 en-suite)
  • Allocated parking space
  • Rented out at £1,200 per calendar month
  • Excellent investment opportunity
  • Guide price: £130,000 - £150,000
  • For sale by livestream auction
  • 10:00am, Wednesday 25th March 2026
  • Unless previously sold or withdrawn prior

FOR SALE BY LIVESTREAM AUCTION ON WEDNESDAY 25th MARCH 2026

TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE

A particularly well maintained tenanted ground floor flat

This modern purpose built ground floor flat is situated on the north western outskirts of the city between the railway station and golf club.

The property offers 2 bedroom, 2 bathroom accommodation together with an allocated parking space and has been let on a 12 month tenancy from September 2025 at a rent of £1,200 per calendar month.

The tenants have maintained the property exceptionally well and with a gross annual yield of over 11% based on the low end of the Guide Price there's no doubt this is a first class investment opportunity.

Leasehold Information Term: 150 years (less one day) from 1 August 2007 (131 years remaining)
Annual ground rent amount: £196.62
Ground rent review period: To be confirmed
Annual service charge amount: £1,418.41
Service charge review period: To be confirmed
Council Tax Band B

Tenure: Leasehold

EPC Rating: C

Administration Fee: £1200 inc VAT payable on exchange of contracts.

Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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Area statistics

Crime score
Low crime
1/10
Home prices (average)
2 bedroom flats
£183,206

About this agent

Auction House - East Anglia
Auction House - East Anglia
The Barn, Newmarket Road Cringleford Norwich, Norfolk NR4 6UE
01603 398879
Full profileProperty listings
The Auction House team have been holding auctions in East Anglia for over fifteen years. We originally operated under the Tops name, then as Tops Auction House. We have been the Eastern Region’s leading Land and Property auctioneers since 2002 and are highly respected in the area. Sale numbers have grown over the period to over 400 properties per year with success rates averaging out at well over 80% since 2004. Auction House East Anglia draws entries for its auction room in Norwich from a wide geographical area and is supported by a number of market and coastal town Introducer Agents who provide entries and assist with viewings. Auction House East Anglia operates from offices in Norwich (servicing Norfolk), King's Lynn (servicing NW Norfolk and parts of Cambridgeshire), Peterborough (servicing Cambridgeshire) and Ipswich (servicing Suffolk and North Essex) and sells a wide variety of property types covering the residential, land, commercial, investment and agricultural sectors. Many are vacant for improvement, others tenanted or for development. We are expert advisers and guide vendors as to the most appropriate method of sale which could be by Formal or Informal Tender, Invited Offer, Private Treaty or Auction. Auction House East Anglia was the model Licensee and provided the template for others to follow. It continues to be one of the most successful operators in the UK and is the ‘first choice’ regional auctioneer across the counties of Norfolk, Suffolk, Cambridgeshire and North Essex.
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