5 bedroom apartment for sale

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5 bedroom apartment for sale

Vineyard Street, Colchester, Essex
£725,000

Price History

Initial price £750,000
05/04/25 £725,000
Price Change -3.33%

Description

This investment portfolio in Colchester City Centre is a rare opportunity to acquire a freehold property generating £60,000 in annual income. The property, located on Vineyard Street, comprises three occupied commercial units with long-standing tenants and five self-contained flats. The commercial units have WC facilities and two have kitchenettes, while the flats are a mix of one-bedroom and studio apartments with shower rooms. The property benefits from a central location in the city centre, with a mainline rail station providing easy access to London, and is close to the University of Essex, one of the top 25 UK universities. With a guide price of £725,000-£775,000, this is an outstanding opportunity to acquire an established investment in a thriving city.