2-bedroom flat · CO1 2ZD
To rentListed 26 days
Opportunity summary
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About
**DEPOSIT FREE OPTION AVAILABLE**SECOND FLOOR APARTMENT** TWO DOUBLE BEDROOMS - Grosvenor Place can be found at the bottom of East Hill within a short walk of Colchester's bustling city centre and historic Castle Park.
The accommodation comprises of open plan kitchen/diner/lounge with double doors to balcony and appliances include electric oven and gas hob, dishwasher and fridge-freezer.
Both bedrooms are of a double size and bedroom one also has an en-suite shower room. The main bathroom also comes with complete suite and shower facilities.
The property also benefits from having a lift service. OUTSIDE - There is one allocated parking space for tenants use. Tenants are also able to use the communal swimming pool.
HALL - 11'2'' x 3'10'' (3.4m x 1.2m) - Cupboard LOUNGE/KITCHEN - 25'6'' x 10'8'' (7.8m x 3.3m) with ntegrated fridge/freezer, dishwasher. Cupboard housing boiler.
Central island with breakfast bar and cupboards and drawers under. Four ringed hob with extractor above. French doors to balcony.
BEDROOM - 1 - 15' x 9'3'' (4.6m x 2.8m) ENSUITE - 5'9'' x 4'8'' (1.8m x 1.4m) - with shower cubicle, WC and wash basin.
BEDROOM - 2 - 12'8'' x 7' (3.9m x 2.1m) BATHROOM - 7'4'' x 5'7'' (2.2m x 1.7m) - with complete suite and shower faciliites OUTSIDE - Secure gated allocated parking and communal garden. Balcony.
SPECIAL NOTE Please be advised this landlord has requested NO PETS and NO SMOKING. AVAILIBILITY: The property is available from 10th October 2026.
HOLDING DEPOSIT: A holding deposit of 1 weeks rent (£276.00) must be paid before any application can be processed.
RENT: £1200.00pcm DEPOSIT: A deposit of 5 weeks rent will be required (£11384.00) Council Tax Band - C EPC RATING - B TERMS: Applicants will be required to sign a tenancy agreement no later than 15 calendar days after applying.
CONSUMER PROTECTION FROM UNFAIR TRADING REGS INFORMATION LOCAL AUTHORITY - Colchester County Council BROADBAND AVAILABILITY - Standard, Superfast speeds available (details obtained from Ofcom Mobile and Broadband Checker) Septemer 2026 MOBILE COVERAGE - It is understood that there is service provided by Vodafone Good outdoor, EE Good outdoor and varible in home, O2 Good outdoor and Three good outdoor.
(Details obtained from Ofcom Mobile and Broadband Checker) September 2026 UTILITIES - Mains electric Mains water Mains sewerage Mains gas
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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