Sail House, Colchester

OVERVIEW *** INVESTMENT OPPORTUNITY ***GUIDE PRICE £140,000-£150,000*** Situated within easy reach of the University of Essex and Hythe Railway Station is this good size one bedroom fifth floor apartment, currently let on an Assured Shorthold Tenancy for £800pcm which is increasing to £900pcm offering an annual yield of approx. 7.7%.

ENTRANCE HALL With wood effect flooring, airing cupboard, doors to:

OPEN PLAN LIVING ROOM/KITCHEN 25' 10" x 14' 2" (7.87m x 4.32m) Double glazed window with partial river view, wood effect flooring, double glazed window to the side.

KITCHEN AREA Fitted with modern units and work surfaces with cupboards and drawers under. Built in four ring ceramic hob and electric oven with extractor over, integrated fridge/freezer and washing machine, one and a half bowl sink unit, wall mounted cabinets.

BEDROOM 10' 10" x 10' 4" (3.3m x 3.15m) Built in mirrored double wardrobe, double glazed window with partial river views.

BATHROOM Fitted with a modern suite comprising low level WC, hand basin with mixer taps, paneled bath with centre taps and shower over, chrome heated towel rail.

OUTSIDE There are communal grounds with lovely walks along the waterfront.

AGENTS NOTE EPC rating - C
Council Tax band - B
Service Change - £1,192
Ground Rent - £250
Years remaining on this lease: 115 years
This property is currently let and managed by Jackson and Co and will continue to be with the new owner.