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Vineyard Street, Colchester, Essex 5 bed apartment for sale
Vineyard Street, Colchester, Essex
£725,000
Vineyard Street, Colchester, Essex
£725,000
Price History
Initial price | £750,000 |
05/04/25 | £725,000 |
Price Change | -3.33% |
Description
This freehold investment portfolio in Colchester City Centre offers a rare opportunity to acquire a well-established property generating £60,000 of annual income. The portfolio comprises three occupied commercial units with long-standing tenants and five self-contained flats, with three one-bedroom apartments and two studios. The commercial units have WC facilities and two have kitchenettes, while the flats feature open-plan lounge/kitchens and shower rooms. Located in the heart of Colchester, the property benefits from a mainline rail station with trains to London taking as little as 56 minutes, and is close to the University of Essex, one of the top 25 UK universities. With a growing population and significant regeneration in recent years, Colchester is an attractive location for investors, and this portfolio presents a unique chance to acquire an established investment in a central location.