A two-bedroom, leasehold (125 years from 29 September 1986). vacant, top-floor apartment with an approximate internal extent of 483 SQFT and in need of modernisation to suit investors and developers in Colchester, Essex. (Title number: EX358569)
FOR SALE BY AUCTION: To be sold by public auction on the owner's instruction. A top-floor, two-bedroom apartment in central Colchester, offered as vacant possession and in need of modernisation, this 483 SQFT property would suit investors and developers. It is leasehold with a 125-year term from 29 September 1986, with apparent electric heating and secure, undercover, allocated parking, suitable for buy-to-let once modernised. To be sold via online bidding on Friday, 24 April 2026.
Auctioneers comments: 'This Lot is ideal for investors and developers looking for a property with potential, either as resale of a sale or buy-to-let asset.'
Auction date
The property is to be sold by public auction on Friday, 24 April 2026, via a 2-hour online bidding window.
Description
Two bedrooms, top floor, leasehold, apartment, vacant, in need of modernisation, 483 SQFT, EPC D, Colchester
Location
Colchester, Essex, 1.7 miles to Colchester railway station
Accommodation
Third Floor/Top Floor: two bedrooms, bathroom, living room, kitchen
Outside
Communal front and rear entrance, undercover allocated parking in the courtyard
EPC rating
D
Tenure
Leasehold with vacant possession
125 years from 29 September 1986
Local authority and council tax band
Essex County Council
Colchester City Council
Council tax band: A
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min. fee of £2,100.00 plus VAT) of the purchase price and auction buying fee of £1,900.00 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Lot 133 - Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU
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Flat 15 Wheatsheaf Court, Kendall Road, Colchester, Essex, CO1 2BU
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