Popular
Total views: 2500+
Floorplan
Map1 bedroom apartment for sale
Flanders Field, Colchester, CO2
Apartment
1 bed
1 bath
355
EPC rating: C
Key information
Tenure: Leasehold | 92 yrs left
Ground rent: £465 per annum | review period: 10 yrs
Service charge: £876.01 per annum
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Offered to investors only
- Tenant already in situ
- One bedroom apartment
- Fitted kitchen and bathroom
- Residents’ parking
- Communal grounds
* Guide Price £105,000 - £110,000 *
Sold with a tenant in situ - Current yield 8.6% due to long standing tenant, with current rental increases the property has a potential yield of 9.1%. Positioned within the established residential area of Old Heath, Colchester, this one bedroom apartment presents an excellent buy-to-let opportunity with a tenant already in situ.
The accommodation comprises a bright living area, fitted kitchen, double bedroom, and bathroom, offering a practical layout suited to long-term rental demand. Externally, the property benefits from residents’ parking and communal grounds.
Old Heath provides easy access to Colchester city centre, local shops, schools, and bus routes, as well as the University of Essex, making the area particularly attractive for both professional and student tenants.
This property is offered to investors only, providing an immediate rental return in a consistently popular location.
Sold with a tenant in situ - Current yield 8.6% due to long standing tenant, with current rental increases the property has a potential yield of 9.1%. Positioned within the established residential area of Old Heath, Colchester, this one bedroom apartment presents an excellent buy-to-let opportunity with a tenant already in situ.
The accommodation comprises a bright living area, fitted kitchen, double bedroom, and bathroom, offering a practical layout suited to long-term rental demand. Externally, the property benefits from residents’ parking and communal grounds.
Old Heath provides easy access to Colchester city centre, local shops, schools, and bus routes, as well as the University of Essex, making the area particularly attractive for both professional and student tenants.
This property is offered to investors only, providing an immediate rental return in a consistently popular location.
Rooms
Hallway
Lounge / Diner 4.1m x 2.92m
Kitchen 2.74m x 2.16m
Bedroom 3.07m x 2.54m
Bathroom 2.16m x 1.65m
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.