Welcome to Palmer &amp; Partners We put you at the very heart of what we do. We know that selling, letting, buying or renting can be an extremely testing time for you, so our team does everything they can to help support you and provide a comprehensive service. The partners of the firm have over 70 years of experience between them, developing an extensive knowledge of the local property market enabling us to offer a wide-ranging service that’s both friendly and professional as befits our reputation. We’re committed to providing our customers (whether property sellers, buyers, developers etc.) with individual high quality advice based on the wealth of experience of our local dedicated sales team. Our team put all this extensive experience and knowledge into marketing our customer’s properties and helping find our buyers perfect homes.

Palmer & Partners - Colchester

*GUIDE PRICE £90,000 - £100,000 INVESTMENT OPPORTUNITY CURRENTLY ACHIEVING £650 PCM UNTIL NOV 2025* Palmer & Partners are delighted to present to the market this beautiful studio flat situated to the South of Colchester, within walking distance to Colchester's historic city centre, as well as Colchester train station with direct links to London Liverpool Street. The property comprises a spacious living area with two electric storage heaters, step up to a modern style kitchen and shower room. This property has great potential as an investment opportunity or for a first time buyer purchase. Palmer & Partners would strongly advise an early internal viewing to avoid disappointment. EPC D

Property reference CCR241195. 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 Palmer & Partners - Colchester.

 OnTheMarket may have applied supplementary data to this property listing, including:

 Broadband availability and predicted speed: obtained from Ofcom on January 24, 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: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on February 10, 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 September 1, 2020 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 <a href="https://www.onthemarket.com/terms/#other">here</a> for more information.

DISCLAIMER

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.

Call rate information

Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.

Tenure

If you do not know the Council Tax band you will not know how much you need to pay.

Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

Knowing the nature of your heating supply is important as there may be additional considerations, for example if the property is not connected to the mains gas line and has an LPG heating system.

Heating

Knowing the nature of your electricity supply is important as there may be additional considerations, for example if the property is not connected to the national grid and has a generator instead.

Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

Yes, very worried

Yes, slightly concerned

No, I’m sure it will be fine

No, I have a mortgage Agreement in Principle already

No, because I don’t need a mortgage to buy a property

I’ve not thought about it yet

Within the next 3 months

Within the next 6 months

Within the next 9 months

Within the next 12 months

Studio on South Street for sale

Studio for sale

Giving access to a private staircase leading down to;

Private Front Entrance Door

Two electric storage heaters and step up to;

Basement/Living Area

A range of base and wall units, stainless steel sink and drainer, oven with an electric extraction, breakfast bar and space for fridge/freezer.

Kitchen

Single shower cubicle, low level WC and free standing wash hand basin.

Shower Room

There is on road permit parking available.

Outside

We have been advised the following, by the current owner, regarding the lease:Lease Length: 168 years remainingMaintenance Charge: £1000.00 per annumService Charge: £100.00

Agents Note

St John's Green Primary School

Colchester Prep & High School

Oxford House School

I am a first-time buyer

I have a property to sell

I have a property to let

I am an investor

I have recently sold

Other

1 bedroom apartment for sale

ASAP

Within 3 months

3-6 months

More than 6 months time

Not sure

Colchester Town

Colchester

Hythe (Essex)

*GUIDE PRICE £90,000 - £100,000 INVESTMENT OPPORTUNITY CURRENTLY ACHIEVING £650 PCM UNTIL NOV 2025*Palmer & Partners are delighted to present to the market this beautiful studio flat situated to the South of Colchester, within walking distance to Colchester's historic city centre, as well as...

Studio for sale

Key information

Features and description

Rooms

About this agent

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