This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- Sitting Tenant Paying £1100 Per Month
- The Ideal Investment Opportunity
- Buy To Let Investors Only
- Allocated Parking
- Large Balcony Overlooking River
- Within Striking Distance Of An Array Of Amenities & Colchester University
- Two Generous Bedrooms
- Open Plan Living Accommodation
- An Impressive Rental Yield Of 6.6%
- Views Over The River Colne
Privileged with the instructions to market this fantastic investment opportunity is this modern third floor apartment located within close proximity to Essex University with its own sitting tenant currently paying £1100 per annum. This well presented apartment offers stunning views over the River Colne and comprises of two generous sized bedrooms, a modern family bathroom, open plan lounge/kitchen with direct access to your own balcony and secure allocated parking. This property would be an ideal first time or investment purchase and also has the added benefit of offering no onward chain. Ideal for both students and commuters alike, the property benefits from being a short walk to the University of Essex and Hythe Station providing easy access to London Liverpool Street. As agents we would strongly recommend an internal viewing to fully appreciate the quality of accommodation on offer, to avoid disappointment.
Third Floor Apartment
Entrance Hall
Large Inset storage cupboard housing water cylinder, storage heater, door to:
Kitchen/Living Room/Dining Area
15' 9" x 14' 3" (4.80m x 4.34m) UPVC sliding door to balcony, UPVC window to rear aspect, range of base and eye level units, cupboards and work surfaces, electric cooker and hob with extractor hood above, integrated fridge/freezer, room for appliances, wooden effect laminate flooring, storage heater.
Master Bedroom
11' 8" x 10' 9" (3.56m x 3.28m) UPVC window to rear aspect, storage heater, built in wardrobe, door to en suite:
En Suite
Low level W.C, vanity wash basin, large shower cubicle with glass surround, tiled walls and flooring, extractor fan.
Bedroom Two
10' 4" x 8' 7" (3.15m x 2.62m) UPVC window to rear aspect, storage heated.
Bathroom
7' 6" x 5' 5" (2.29m x 1.65m) Panelled bath with shower attached, low level W.C, vanity basin, tiled walls and flooring, chrome heated towel rail, obscured window to rear aspect.
Agents Notes & Lease Information
We have been advised by the seller that current there is 114 years remaining with a ground rent of £350 PA and a service charge of £1180 PA. We advise that any perspective buyer checks this with their chosen solicitor.
There is currently a sitting tenant with the property, contracted till 25th August 2023, currently paying £1100 PCM.
Outside
The property benefits from well maintained communal areas, views over the River Colne and allocated parking for one vehicle.
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 26083918. 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 Michaels Property Consultants - Colchester.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 23, 2023
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 January 23, 2023
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 June 11, 2021 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.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.