No longer on the market
This property is no longer on the market
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Floorplan
Map1 bedroom apartment
Chain-free
Apartment
1 bed
1 bath
602
EPC rating: C
Key information
Tenure: Leasehold | 117 yrs left
Ground rent: £300 per annum | review period: unconfirmed
Service charge: £1,284 per annum
Council tax: Band B
Mobile signal:
EEO2ThreeVodafone
Features and description
- One bedroom
- First floor apartment
- No onward chain
- Investment opportunity
- 6% yield being achieved
- Modern throughout
Located in Colchesters historic city centre is this spacious, modern first floor apartment.
This is an excellent investment opportunity with a tenant currently in situ and a monthly rental income of £950 PCM being achieve with a yield of over 6%.
The property is well maintained and modern throughout and benefits from being located close to rail links, transport routes and amenities.
Viewing is available immediately and the property is offered with no onward chain.
Length of lease 120 years
Ground Rent - £300 P/A
Service Charge - £1,284 P/A
This is an excellent investment opportunity with a tenant currently in situ and a monthly rental income of £950 PCM being achieve with a yield of over 6%.
The property is well maintained and modern throughout and benefits from being located close to rail links, transport routes and amenities.
Viewing is available immediately and the property is offered with no onward chain.
Length of lease 120 years
Ground Rent - £300 P/A
Service Charge - £1,284 P/A
Rooms
Kitchen / Living / Dining Area 6.2m x 3.38m
Bedroom 4.2m x 3.4m
Shower Room 2.2m x 1.83m
Property information from this agent
About this agent
Our Estate Agency and Lettings branch in Colchester first opened in 2008 and is now located in a great position in the high street just a few doors away from Fenwick Department Store. As an integral part of the local community, we remain fully committed to the ongoing evolution of the UK's oldest recorded town into a major city. The Residential Sales department is led by Daniel Buck with Tessa Stanford (MARLA) heading up Lettings. Our teams are on hand to provide reliable and accurate sales and lettings valuations based on their extensive knowledge of the local areas and unparalleled industry experience. Beresfords Estate and Letting Agents in Colchester primarily cover all of Colchester and surrounding areas that include West Bergholt, Wivenhoe, Abberton, West and East Mersea, Marks Tey, Ardleigh and many more. At Beresfords we recognise that all client's requirements are different, so we are able to provide advice and guidance tailored to meet their individual needs. For those owning, buying, or renting unique or exclusive properties in Colchester, our dedicated Country & Village homes Division work in tandem with our local teams to offer a bespoke range of services for this sector of the property market. Free mortgage advice is also available from a team of experienced Independent Mortgage Advisors based within Beresfords Colchester branch. Please get in touch to find out how we can assist you.