2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- Sitting Tenant Paying £1100 Per Month
- The Ideal Investment Opportunity
- Buy To Let Investors Only
- Allocated Parking
- Large Balcony Overlooking River
- Within Striking Distance Of An Array Of Amenities & Colchester University
- Two Generous Bedrooms
- Open Plan Living Accommodation
- Views Over The River Colne
- An Impressive Rental Yield Of 7%
Privileged with the instructions to market this fantastic investment opportunity is this modern third floor apartment located within close proximity to Essex University with its own sitting tenant currently paying £1100 per annum. This well presented apartment offers stunning 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
Entrance Hall
Large Inset storage cupboard housing water cylinder, storage heater, door to:
Kitchen/Living Room/Dining Area
15' 9" x 14' 3" (4.80m x 4.34m) UPVC sliding door to balcony, UPVC window to rear aspect, range of base and eye level units, cupboards and work surfaces, electric cooker and hob with extractor hood above, integrated fridge/freezer, room for appliances, wooden effect laminate flooring, storage heater.
Master Bedroom
11' 8" x 10' 9" (3.56m x 3.28m) UPVC window to rear aspect, storage heater, built in wardrobe, door to en suite:
En Suite
Low level W.C, vanity wash basin, large shower cubicle with glass surround, tiled walls and flooring, extractor fan.
Bedroom Two
10' 4" x 8' 7" (3.15m x 2.62m) UPVC window to rear aspect, storage heated.
Bathroom
7' 6" x 5' 5" (2.29m x 1.65m) Panelled bath with shower attached, low level W.C, vanity basin, tiled walls and flooring, chrome heated towel rail, obscured window to rear aspect.
Agents Notes & Lease Information
We have been advised by the seller that current there is 112 years remaining with a ground rent of £350 PA and a service charge of £1180 PA. We advise that any perspective buyer checks this with their chosen solicitor. <br /><br />There is currently a sitting tenant with the property currently paying £1100 PCM.
Outside
The property benefits from well maintained communal areas, views over the River Colne and allocated parking for one vehicle.
Places of interest
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Property reference 28102471. 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 Michaels Property Consultants - Colchester.
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Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
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