Pier Wharf, Quayside Drive, Colchester

£140,000 Guide Price

Leasehold
This property is not currently available. It may be sold or temporarily removed from the market.
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Property Overview

  • £140,000 Guide Price
  • Availability: Sold
  • Bedrooms: 1
  • Bathrooms: 1
  • Tenure: Leasehold

Summary

INVESTMENT ONLY - Being offered for sale with tenants in situ paying £850 pcm which gives a 6.8% - 7.2% gross annual yield is this fantastic one bedroom, modern apartment situated within walking distance to the University of Essex and Hythe Train Station with links to Colchester town centre and London Liverpool Street. The property itself offers a personal entrance hall, open plan living space and bathroom. In our valuer's opinion an internal viewing comes highly recommended.

Property Features

  • ONE DOUBLE BEDROOM
  • EASY ACCESS TO ESSEX UNIVERSITY
  • RIVER VIEWS
  • INVESTMENT ONLY
  • CLOSE TO SHOPS
  • MODERN & SPACIOUS
  • ALLOCATED PARKING
  • NO ONWARD CHAIN
  • LET FOR £850 PCM
  • 6.8% - 7.2% YIELD

Full Details

THE PROPERTY INVESTMENT ONLY - Being offered for sale with tenants in situ paying £850 pcm which gives a 6.8% - 7.2% gross annual yield is this fantastic one bedroom, modern apartment situated within walking distance to the University of Essex and Hythe Train Station with links to Colchester town centre and London Liverpool Street. The property itself offers a personal entrance hall, open plan living space and bathroom. In our valuer's opinion an internal viewing comes highly recommended.


ENTRANCE Entry phone system, laminate flooring and electric heater.

OPEN PLAN LOUNGE/KITCHEN/DINER 22' 6" x 11' 9" (6.86m x 3.58m) Lounge/Diner: Double glazed French doors leading onto balcony with river views, two electric storage heaters.

Kitchen - Stainless steel sink and drainer unit with cupboards under, matching base and wall mounted units above and below, roll top work
surfaces, built in washer/dryer, integral fridge/freezer, oven and hob.


BEDROOM ONE 11' 10" x 11' 1" (3.61m x 3.38m) Double glazed window to side, electric heater, built in double mirror fronted wardrobes.

BATHROOM White suite comprising of a low level WC, panel enclosed bath with mixer taps, shower attachment and guard.

OUTSIDE The property has parking for one allocated space.

AGENTS NOTES The property is currently let and managed by Jackson and Co and will continue to be with the new buyer.

Service Charge (£PA) £1,274
Ground Rent (£PA) £200
Lease Remaining 138 Years

Enquire About This Property

If you would like to arrange a viewing of this property or if you have any questions or queries then please contact us using the following information

Colchester Office

01206 656007

[email protected]