Caelum Drive, , Colchester

£125,000 Guide Price

Leasehold
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Property Overview

  • £125,000 Guide Price
  • Availability: Sold STC
  • Bedrooms: 1
  • Bathrooms: 1
  • Tenure: Leasehold

Summary

**INVESTMENT OPPORTUNITY**

Located in the popular Hythe area within easy access to Essex University and The Hythe railway station accessing London Liverpool Street, is this one double bedroom contemporary style second floor apartment. The property is currently let for £900 pcm giving a gross annual yield of 8.3%.

Property Features

  • NO ONWARD CHAIN
  • INVESTMENT OPPORTUNITY
  • FAMILY BATHROOM
  • FULLY FITTED MODERN KITCHEN
  • HYTHE LOCATION
  • BALCONY
  • 8.3% GROSS YIELD
  • TENANT IN SITU
  • EASY ACCESS TO ESSEX UNIVERSITY
  • CLOSE TO STATION

Full Details

OVERVIEW **INVESTMENT OPPORTUNITY**

Located in the popular Hythe area within easy access to Essex University and The Hythe railway station accessing London Liverpool Street, is this one double bedroom contemporary style second floor apartment. The property is currently let for £900pcm giving a gross annual yield of 8.3%.

ENTRANCE HALL Electric heater and airing cupboard.

OPEN PLAN LIVING AREA 25' x 10' 9" (7.62m x 3.28m) A bright and airy open plan space comprising of;

Lounge Area - Double glazed patio door leading onto balcony and two electric heaters.

Kitchen Area - A contemporary style modern fitted kitchen comprising of roll top work surfaces inset stainless steel sink and drainer unit, a range of matching eye and base levels, built in oven, hob and extractor fan. Integrated appliances including; fridge/freezer,plumbing for washing machine, part tiled walls and down lighters to ceiling.

BEDROOM ONE 13' 10" x 9' (4.22m x 2.74m) Double glazed window to side, electric heater and built in mirrored sliding wardrobe.

FAMILY BATHROOM A white suite comprising of a panel bath, low level W.C., pedestal wash hand basin, part tiled walls.

OUTSIDE The property has a balcony.

AGENTS NOTES EPC rating - C
Council Tax band - B
Service Change - £1,600 PA
Ground Rent - £250 PA
Years remaining on this lease: 110 years
This property is currently let and managed by Jackson and Co and will continue to be with the new owner.

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]