This property is no longer on the market
1 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- *GUIDE PRICE £150,000 - £160,000*
- Investors Only
- Large 1 bedroom flat
- Tenant in situ until September 2023
- 137 year lease
- Integrated appliances
We are delighted to offer this fantastic investment opportunity. With a good EPC rating, 137 year lease, this good sized one bedroom apartment has a rental potential of £925 pcm giving a gross yield of 7.4%. .
This flat is located near the University of Essex and town centre with train station within walking distance too. Its spacious and has full set of integrated kitchen appliances too. (Ref: NBC221772)
Agents note
Electric Heating, with EPC rating B
Resident parking available
Leasehold for 155 years with 137 years remaining (commencing 01/04/05)
Council Tax Band B
Vendor has informed us:
Ground rent: £209 per year
Service charge: £1115.54 per year
Rooms
Living Area 4.6m x 5.26m
Dual aspect Juliet balconies to corner of room. Fitted kitchen area with integrated wall and base units, sink, electric hob, oven, extractor, washer dryer, dishwasher and fridge freezer
Bedroom 3.48m x 3.07m
Window to side aspect, built in wardrobes with sliding mirrored doors and access to bathroom
Bathroom 1.78m x 1.7m
Bath with shower over, wash basin and WC
Cloakroom 1.8m x 1.04m
WC and wash basin
Property information from this agent
Places of interest
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*DISCLAIMER
Property reference NBC221772. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Beresfords - Colchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 22, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on October 3, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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