This property is no longer on the market
1 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- Open Plan Living Room/Dining Area/Office Space
- Long Lease Remaining
- A Spacious And Well Presented First Floor Apartment
- Nestled In The Popular Village Of Great Horkesley
- Desirable Cul De Sac Position
- Excellent Access To North Station And The A12
- Communal Gardens & Allocated Parking
- Sitting Tenant Paying £700PCM Until May 2024
* Guide Price £120,000 to £125,000 * A superb opportunity for a first time buyer investor to purchase this spacious first floor apartment with a sitting tenant, located in the highly sought after village of Great Horkesley. The village of Great Horkesley has excellent access commuting facilities with Colchester North Station, the A12 and highly regarded state and independent schools on the doorstep.
The internal accommodation consists of a spacious lounge/diner or potential office space, a fitted kitchen, a double bedroom and a family bathroom suite. Externally, the property comes with communal gardens and parking with further visitors parking available. Internal viewings are highly advised to fully appreciate the quality of accommodation on offer. Offered to market with no onward chain.
First Floor
Living Room
14' 3" x 11' 2" (4.34m x 3.40m) With UPVC double glazed window, electric heater, opening to kitchen, doors to bedroom and hall.
Bedroom One
10' 5" x 8' 10" (3.17m x 2.69m) With UPVC double glazed window, electric heater.
Kitchen
8' 11" x 5' 9" (2.72m x 1.75m) With a range of matching eye level and base units with drawers and worktops over, inset sink and drainer, a range of kitchen appliances.
Bathroom
With UPVC double glazed window, close coupled WC, wash hand basin, panelled bath with shower over, part tiled walls
Outside
Communal gardens and parking.
Agents Notes & Lease Information
As agents we have been advised that there is currently 966 years remaining on the lease with a service charge of approx £1040.00 per annum and a ground rent of £426 per annum.
The property does come with a sitting tenant, currently paying £700PCM, with a gross rental yield of 7% and a NET rental yield of 5.75%.
Property information from this agent
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Property reference 26851702. 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.
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Broadband availability and predicted speed: obtained from Ofcom on March 3, 2022
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
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Mobile phone signal availability and predicted strength
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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
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