# 2 bedroom apartment for sale (CO1 1WN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 30 VICTORIA CHASE, COLCHESTER, ESSEX CO1 1WN |
| Price | £150,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 54 m² |
| Last sold | £155,000 Dec 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 22/04/2031
- **Current heating cost:** £316/year
- **Est. upgrade cost to C:** £5,000

### Recommendations
- W2 (£4,000 - £6,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/6500-1771-0822-5024-3493)

## Description

**SUMMARY**

NO ONWARD CHAIN. This two bedroom ground floor apartment is situated off North Station Road on Victoria Chase, offering excellent access to the city centre and north station with direct links to London Liverpool Street. The property could be an ideal investment.

**DESCRIPTION**

Offered with no ongoing chain, this two bedroom ground floor apartment is conveniently situated within walking distance of Colchester's city centre and mainline train station. Accommodation comprises entrance hall, living room with French doors to the communal gardens, modern kitchen and bathroom, as well as two good size bedrooms. Externally the property benefits from communal gardens and communal parking.

FIVE SHARES OF FREEHOLD OWNED BY CURRENT SELLER SO LEASE EXTENSION CAN BE EASILY OBTAINED AT REDUCED COST. PLEASE ASK FOR FURTHER INFORMATION.

**Communal Entrance Door To:** 

**Communal Entrance Hall** 

With entrance door to:

**Hallway** 

Two storage cupboards, doors to:

**Kitchen** 8' 6" x 8' 1" ( 2.59m x 2.46m )

Matching base and eye level units, work surfaces, inset sink and drainer unit, tiled splashbacks, laminate flooring, space for appliances, wall mounted boiler, upvc double glazed window.

**Lounge** 20' 5" max x 10' 9" max ( 6.22m max x 3.28m max )

Upvc double glazed French doors to communal garden, carpet, radiator.

**Bedroom One** 11' 5" max x 9' 1" max ( 3.48m max x 2.77m max )

Upvc double glazed window, built-in wardrobe with mirror fronted sliding doors, carpet, radiator.

**Bedroom Two** 9' 4" max x 8' 1" max ( 2.84m max x 2.46m max )

Upvc double glazed window, carpet, radiator.

**Bathroom** 

Modern white bathroom suite comprising panel enclosed bath with shower over, pedestal wash hand basin and low level w.c., tiled floor, tiled walls, shaver point, radiator.

**Outside** 

The property benefits from communal gardens and parking.

**Agents Note** 

There are 63 years remaining on the lease. 

Under the terms of the Estate Agency Act 1979 (section 21) please note that the Vendor of this property is connected to a staff member of the Connells Group.

**DIRECTIONS**

Refer to map

We currently hold lease details as displayed above, should you require further information please contact the branch.  Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

## Property Photos

- ![Photo](/listings/photos/144430451/329354)
- ![Photo](/listings/photos/144430451/329355)
- ![Photo](/listings/photos/144430451/329356)
- ![Photo](/listings/photos/144430451/329357)
- ![Photo](/listings/photos/144430451/329358)
- ![Photo](/listings/photos/144430451/329359)
- ![Photo](/listings/photos/144430451/329360)
- ![Photo](/listings/photos/144430451/329361)
- ![Photo](/listings/photos/144430451/329362)
- ![Photo](/listings/photos/144430451/329363)
- ![Photo](/listings/photos/144430451/329364)

## Floorplans

- ![Floorplan 1](/listings/photos/144430451/329365) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/144430451/329366) - EPC

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 30 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WN | £155,000 | 02/12/2024 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE NEXUS FLAT 9 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WJ | £124,995 | 24/10/2025 | Flat |
| 58 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LG | £160,000 | 29/08/2025 | Flat |
| 146 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WW | £157,000 | 25/07/2025 | Flat |
| 63 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WB | £145,000 | 07/03/2025 | Flat |
| 36 SHEEPEN PLACE, COLCHESTER, ESSEX, CO3 3LT | £105,000 | 31/10/2023 | Flat |
| 72 SHEEPEN PLACE, COLCHESTER, ESSEX, CO3 3LT | £105,000 | 20/10/2023 | Flat |
| 116 SHEEPEN PLACE, COLCHESTER, ESSEX, CO3 3LT | £150,000 | 08/09/2023 | Flat |
| 83 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LJ | £162,000 | 19/12/2022 | Flat |
| 107 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LJ | £210,000 | 02/12/2022 | Flat |
| 104 SHEEPEN PLACE, COLCHESTER, ESSEX, CO3 3LT | £170,000 | 30/11/2022 | Flat |
| 94 SHEEPEN PLACE, COLCHESTER, ESSEX, CO3 3LT | £143,500 | 29/11/2022 | Flat |
| 112 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LG | £215,000 | 28/11/2022 | Flat |
| 143 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LJ | £171,000 | 18/11/2022 | Flat |
| 30 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LG | £200,000 | 11/11/2022 | Flat |
| THE NEXUS FLAT 10 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WJ | £172,500 | 10/11/2022 | Flat |
| CENTURY HOUSE 6 NORTH STATION ROAD, COLCHESTER, ESSEX, CO1 1RE | £264,000 | 02/11/2022 | Flat |
| 57 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LJ | £150,000 | 27/10/2022 | Flat |
| THE NEXUS FLAT 11 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WJ | £207,500 | 14/10/2022 | Flat |
| 80 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LG | £173,000 | 04/10/2022 | Flat |
| [Same street] 86 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WN | £185,000 | 23/09/2022 | Flat |
| 157 ROTARY WAY, COLCHESTER, ESSEX, CO3 3LJ | £222,000 | 14/09/2022 | Flat |
| [Same street] 14 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WN | £170,000 | 11/02/2022 | Flat |
| [Same street] 88 VICTORIA CHASE, COLCHESTER, ESSEX, CO1 1WN | £115,000 | 18/11/2021 | Flat |

**Street average:** £156,667 (3 sales)
**Area average:** £170,375 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £156,781 (16 Flat, CO1, 2024–2026)
- **Deviation:** -4.3%

## Rental Range

*ONS Price Index of Private Rents (Colchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,095/mo
- **Realistic:** £1,217/mo
- **Optimistic:** £1,339/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Colchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £793/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Clarendon Way, CO1 | £1,200/mo | 2 | 0.3 miles | OpenRent |
| 2 Bed Flat, Bradford Drive, CO4 | £1,200/mo | 2 | 0.62 miles | OpenRent |

**Average rent: £1,200/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.8% (okay)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,200/mo).*

- **Gross yield:** 9.6%
- **Cost-to-rent:** 10.4×
- **Monthly cashflow:** £464/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 12.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,778/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -20.2%
- **10y growth:** -5.4%

## House Price Index (HM Land Registry)

*Official index for Colchester; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -3.7%
- **5y growth (index):** 2.5%
- **10y growth (index):** 19.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)