1 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (120 years remaining)
- TENANT IN-SITU SALE ONLY
- Prime City Centre Location
- Top Floor Apartment
- Spacious One Bedroom
- Open Plan Kitchen/Dining/Lounge
- Modern Shower Room
- Far Reaching Views Across North Colchester
- Lift & Stairs to All Floors
- Attractive Communal Entrance and Hallways
- 120 Year Lease
Introducing a spacious one-bedroom top floor apartment boasting views across North Colchester. With a tenant already in place, you can start reaping the rewards immediately.
This property offers not only a convenient location but also a hassle-free investment with a gross yield return of 6.3%. Imagine the peace of mind knowing your investment is secured with a reliable tenant, all while enjoying impressive returns.
Don't miss out on this opportunity! Take the next step towards financial growth and stability. Contact us now to secure this fantastic investment in Colchester City Centre before it's too late!
Rooms
Communal Entrance
Lift & Stairs to All Floors
Fourth Floor
Personal Entrance Hall
Kitchen/Dining/Lounge
Internal Study
Bedroom
Shower Room
Lease Details
120 Years Lease Remaining
£1222 Service Charge Per Annum
Rental Information
Currently Let under an AST for £950 PCM, totalling £11,400 Gross Income. This calculates to an Annual Gross Yield Return of 6.3%.
Disclaimer
haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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*DISCLAIMER
Property reference HRT008717492. 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 haart Estate Agents - Colchester, First Time Buyers.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 16, 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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 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 8, 2018 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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