2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- The Ideal Investment Opportunity
- Within Striking Distance Of An Array Of Amenities & Colchester University
- Open Plan Living Accommodation
- Views Over The River Colne
- Buy To Let Investors Only
- Allocated Permit Parking
- Sitting Tenant Paying £1050 Per Month
- Net Rental Yield Of 7%
Privileged with the instructions to market this fantastic investment opportunity is this modern second floor apartment located within close proximity to Essex University and is currently let out for £1025 PCM with a sitting tenant. This well presented apartment offers pleasant views over the River Colne and comprises of two generous sized bedrooms, a modern family bathroom, open plan lounge/kitchen with direct access to your own balcony and secure allocated parking. This property would be an ideal first time or investment purchase and also has the added benefit of offering no onward chain. Ideal for both students and commuters alike, the property benefits from being a short walk to the University of Essex and Hythe Station providing easy access to London Liverpool Street. As agents we would strongly recommend an internal viewing to fully appreciate the quality of accommodation on offer, to avoid disappointment.
Rooms
Hallway
Electric heater, large inset storage cupboard housing water cylinder, door to:
Living Room/Kitchen
24' 2" x 10' 9" (7.37m x 3.28m) UPVC sliding door to balcony, range of eye level base units, work surfaces and cupboards, induction hob with electric oven, stainless steel sink/drainer, UPVC window to rear aspect, space for appliances, wooden effect laminate flooring.
Master Bedroom
14' 4" x 10' 3" (4.37m x 3.12m) UPVC window to front aspect, electric radiator, door to En suite:
En Suite
Low level W.C, vanity wash basin, large shower cubicle with drench shower and tray, tiled walls and flooring.
Bedroom Two
12' 5" x 8' 4" (3.78m x 2.54m) UPVC window to front aspect, built in wardrobe, electric radiator.
Bathroom
7' 2" x 5' 0" (2.18m x 1.52m) Low level W.C, panelled bath with attached shower, vanity basin, obscured window to rear aspect, tiled walls, extractor fan.
Outside
Externally the property offers an allocated permit parking only and further visitors spaces for residence.
Lease Information & Agents Notes
We have been advised by the seller that current there is 110 years remaining with a ground rent of £300 PA and a service charge of £1050 PA. We advise that any perspective buyer checks this with their chosen solicitor.
Places of interest
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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