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Shared ownership
£130,000

1 bedroom apartment for sale

Sheepen Place, Colchester, CO3
Added yesterday
Apartment
1 bed
1 bath
Added yesterday

Key information

TenureLeasehold | unconfirmed share | unconfirmed yrs left
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Fixed Price - £130,000
  • First-floor one-bedroom apartment
  • Sought-after location within walking distance of Colchester City Centre
  • Easy access to Colchester North Station with direct links to London Liverpool Street
  • Bright and spacious open-plan living, dining, and kitchen area
  • Well-proportioned bedroom with ample natural light
  • Well-maintained throughout
  • Ideal first time purchase
  • Allocated off-street parking space included
  • Excellent balance of city convenience and commuter accessibility

Michaels Property Consultants are delighted to offer for sale this well-presented first-floor, one-bedroom apartment, ideally positioned within easy walking distance of Colchester City Centre and Colchester North Station.

The apartment features a bright and modern open-plan living arrangement, seamlessly combining the lounge, dining area, and kitchen to create a spacious and inviting environment, enhanced by an abundance of natural light. A large double bedroom benefits from built in wardrobes.

This property represents an excellent opportunity for first-time buyers, looking for a well-located apartment with strong appeal. For further information or to arrange a viewing, please contact Michaels Property Consultants.

The property is held on a leasehold basis, with a lease term of 99 years from 21 July 2009, leaving approximately 82 years remaining. The apartment is offered for sale on a shared ownership basis (if of interest), with a 70% share available to purchase (£91,000), while the remaining 30% is retained by East Light Community Homes, as well as the 100%, valued at a fixed price of £130,000. A combined service charge and ground rent of £131.95 per calendar month is payable to Sapphire Property Management. Please note all shared ownership properties are subject to meeting criteria. All leasehold information and shared ownership criteria should be confirmed with a buyers legal representative at an early stage of your conveyance to prevent any discrepancy.

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About this agent

Michaels Property Consultants - Colchester
Michaels Property Consultants - Colchester
62 Head Street Colchester, Essex CO1 1PB
01206 988896
Full profileProperty listings
Positioned in the heart of this historic town, our offices take prime location in an elegant and beautifully restored early Victorian property, which sits on the prestigious Crouch Street. Crouch Street has for many years been awarded the accolade of being the ‘Little Hamptons’, the road is full of quaint and bespoke shops, adorable eateries and of course a great Property Consultants! Since opening our doors to business in March 2013, we have taken the town and surrounding area by storm. All staff are local to the area and they have a great understanding and insight into the local market conditions. All of our team have worked in property, within the town for many years and unlike any other agent, Michaels really does have brand loyalty. “There is nothing more rewarding than a potential customer asking us if we can provide them with the same service as we gave to their friend. I can’t tell you how passionate we are about Customer Care. That comment makes me happy.” Said Mike, one of the Company Directors. The whole ethos and ethic of the team is to advise, assist and guide clients through the process and to do this as seamlessly as possible. We think that our working environment and our staff, need to mirror our professional standards. We are working from a beautiful office building, in the best position in town and we have trustworthy and professional staff to support us.
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