Caelum Drive, Colchester

OVERVIEW *** GUIDE PRICE OF £170,000 - £180,000 ***
** INVESTMENT ONLY **

A recently refurbished two bedroom ground floor apartment situated within easy reach of the University of Essex and Hythe Railway Station. You will find two bathrooms, two outside patios and an open plan living area. The property is currently let for £1200pcm until May 2024 offering a yield of 7.5% - 8.2%. This apartment also benefits from a carport providing allocated parking for one car.

ENTRANCE HALL With door from communal entrance hall, built in cupboard, doors to:

OPEN PLAN LIVING ROOM/KITCHEN 20' 4 " x 13 ' 5" (6.2m x 4.09m) Sliding doors to the patio terrace, kitchen: fitted with a range of units and work surfaces with cupboards under. Integrated fridge/freezer and washing machine, built in four ring ceramic hob and electric oven, wall mounted cabinets.

BEDROOM ONE 11' 11" x 10' (3.63m x 3.05m) Sliding doors to the rear terrace, built in wardrobe.

ENSUITE Comprising of a double shower cubicle, low level WC, hand basin.

BEDROOM TWO 11' 1" x 10' 0" (3.38m x 3.05m) Double glazed window to the rear.

BATHROOM Modern suite comprising of panelled bath with centre taps, hand basin, low level WC, double glazed window to the side.

AGENTS NOTES Currently let for £1200pcm until May 2024 on a 12 month contract.
Service Charge (£PA) £1,396
Ground Rent (£PA) £300
Leasehold (110 Years)

Council Tax Band - B
EPC rating - D

This property is currently let and managed by Jackson and Co and will continue to be with the new owner.