Lot 134 Freehold Residential Investment Property Arranged As Five FlatsAuction Date:
7th May 2026
29 East Street, Colchester, CO1 2TP
Currently let at £32,050 per annum
Key Features
This five flat residential investment is located in Colchester, close to the city centre and a short distance from the railway station. Colchester is known for its heritage, as well as its amenities which are within easy reach, as well as popular pubs and restaurants. The University of Essex is a bus journey from the property’s location.
The flats are currently tenanted producing an income of £32,050 per annum.
Ground Floor
Communal hallway which includes designated rubbish cupboard for all flats to use.
Flat 1
Living room/bedroom, kitchen, shower room with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy at a current rental of £500 per calendar month.
EPC Rating E
Flat 2
Hallway, living room, kitchen, bathroom with W.C., bedroom and access to small private garden.
Tenancy
Let under the terms of an Assured Shorthold Tenancy at a current rental of £575 per calendar month.
EPC Rating E
First Floor
Flat 3
Hallway, living room, kitchen, bathroom with W.C., bedroom.
Tenancy
Let under the terms of an Assured Shorthold Tenancy at a current rental of £551,50 per calendar month.
EPC Rating E
Flat 4
Hallway, living room, kitchen, bedroom, bathroom with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy at a current rental of £525 per calendar month.
EPC Rating D
Flat 5
Living room/bedroom, kitchen, shower room with W.C.
Tenancy
Let under the terms of an Assured Shorthold Tenancy at a current rental of £550.00 per calendar month.
EPC Rating G
Outside
Bike storage and bin store.
Auctioneer’s Note 1
From 1st May 2026 the tenancies referred to above will become rolling tenancies and referred to as Assured Periodic Tenancies.
Auctioneer's Note 2
At the time of publication the Auctioneers have been unable to internally inspect part of the property and photograph all flats. These details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information provided.
Council Tax Bands for all Flats are A
Further Information
Gabby Giedraite/Paul Bridgeman
on 01245 205778
Viewings
- Mon 20th April
10:00 - Wed 22nd April
12:30 - Mon 27th April
10:00 - Thu 30th April
12:30 - Tue 5th May
10:00
Legal Documents
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- Office Copy Entries
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- Tenancy Agreement(s)
- Property Information Form
- Fixtures and Fittings Form
- EPC
- Electrical Certificate
- Other Documentation
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Local Information
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Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
