No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers over£120,000
Added > 14 days

2 bedroom apartment for sale

Avon Way, Colchester
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Apartment
2 bed
1 bath
EPC rating: C*
667 sq ft / 62 sq m

Key information

Tenure: Leasehold | 108 yrs left
Ground rent: £500 per annum | review period: unconfirmed
Service charge: £2,500 per annum
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (108 years remaining)
  • Perfect investment
  • Close to essex university
  • Parking
  • Communal lounge
  • Fully managed
  • Do not miss out!
Calling all smart investors! An ideal student let opportunity awaits, situated within walking distance of Essex University with a NET YIELD of 10%. This well-presented two-bedroom apartment comes with the added advantage of tenants already in situ.

Explore the potential of this student-friendly investment. The strategic location within walking distance of Essex University makes it an ideal choice for student accommodation. Currently managed by Beyond The Box, this property not only offers a hassle-free investment but also boasts fantastic communal areas. From a studio to spaces for table tennis and quiet study, it caters to the diverse needs of today's students.

Imagine owning a property that not only attracts students but is also efficiently managed, providing you with peace of mind. Beyond The Box takes care of all property management, ensuring a seamless experience for both you and the tenants. This isn't just an investment; it's an opportunity to tap into the lucrative student housing market with a property that stands out.

Don't miss out on this exciting opportunity! If you're looking for your next investment, especially in the lucrative student rental market, this two-bedroom apartment is a must-see. Contact us now to secure your viewing and explore the potential of this well-managed, student-friendly property. Your next smart investment is just a call away – make the move to elevate your investment portfolio today.

Rooms

Entrance Hall
Textured ceiling, built in storage

Lounge 19'3" x 10'3" (5.87m x 3.12m)
Textured ceiling, double glazed window to rear, wood effect floor, television points

Kitchen 10'3" x 8'6" (3.12m x 2.59m)
Textured ceiling, double glazed window to front, black granite effect work tops, wood effect units, space for fridge/freezer, electric hob, tiled splashback

Bedroom 10'3" x 9'5" (3.12m x 2.87m)
Textured ceiling, double glazed window to front

Bedroom Two 11'8" x 8'5" (3.56m x 2.57m)
Textured ceiling, double glazed window to front

Bathroom
Textured ceiling, double glazed window to side, WC separate to bathroom, shower over bath, tiled walls

Agents Note
Council Tax Band: A Service Charge: £2500 Ground Rent: £500 Years Left On Lease: 108 (Information provided by seller).

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.

Places of interest

    Here at haart, we are on a mission to get you moved.   We have unique technology that gets your home hundreds more clicks, agents who listen and will negotiate hard on your behalf and you don’t pay us a penny until we succeed.  Big Benefits.   Being the UK’s largest independent estate agent, our size allows us to invest in the people and technology to get you moved, smart and fast and for more than you might think. No Sale, No Fee.   We don’t think you should pay a penny to someone to sell or let your home, unless they actually do.  So we don’t charge you until we have. As an agent we are members of the Property Ombudsman and the Association of Residential Letting Agents (ARLA) we adhere to a code of practice to ensure complete honesty and transparency in all our dealings with you. 

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    *DISCLAIMER

    Property reference HRT008717034. 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 January 20, 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

    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 28, 2022

    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 March 3, 2022 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.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.