Hawkins Road, , Colchester
£130,000 Guide Price
Property Overview
Summary
Ideally located within easy reach of The University Of Essex is this no chain, two double bedroom waterfront apartment located on the fifth floor of Heia Wharf. The property suits both first time buyers and investors and is currently let on a short hold tenancy agreement until June 2026 achieving £1200pcm giving a gross annual yield of 11.8% to 9.6% depending on the guide price. The accommodation benefits from two double bedrooms, two bathrooms, allocated parking and also features an open plan living area with a south facing balcony overlooking the River Colne.
Property Features
Full Details
OVERVIEW *** GUIDE PRICE OF £130,000 - £150,000 ***
PERFECT FOR FIRST TIME BUYERS AND INVESTORS
Ideally located within easy reach of The University Of Essex is this no chain, two double bedroom waterfront apartment located on the fifth floor of Heia Wharf. The property suits both first time buyers and investors and is currently let on a short hold tenancy agreement until June 2026 achieving £1200pcm giving a gross annual yield of 11.8% to 9.6% depending on the guide price. The accommodation benefits from two double bedrooms, two bathrooms, allocated parking and also features an open plan living area with a south facing balcony overlooking the River Colne.
COMMUNAL ENTRANCE HALL Stairs and lift to fourth floor.
PERSONAL ENTRANCE HALL Wood flooring, entry phone, electric heater, airing cupboard, double glazed window to rear.
BATHROOM White suite comprising of panelled bath with shower over, mixer taps and glass screen. Low level wc, wash basin, heated towel rail, part tiled walls, extractor fan, obscure double glazed window to rear.
MASTER BEDROOM 10' 0" x 14' 9" (3.05m x 4.5m) Double glazed window to front, electric heater, built in mirror sliding wardrobes.
EN-SUITE Walk in shower, low level wc, wash basin, heated towel rail, part tiled walls, extractor fan.
BEDROOM TWO 12' 3" x 9' 0" (3.73m x 2.74m) Double glaze window facing the front, double glazed windows
OPEN PLAN LOUNGE/DINER/KITCHEN 23' 11" x 12' 3" (7.29m x 3.73m) Lounge/Diner: Wooden floor, two electric heaters, double glazed sliding patio doors to front lead balcony overlooking river Colne.
Kitchen: Stainless steel one and a half bowl stainless steel sink unit with cupboards under, matching base and eye level units with roll top work surfaces. Built in oven, hob and chimney extractor hood. Integrated washer dryer, fridge and freezer. Double glazed window to rear.
OUTSIDE Allocated parking
AGENTS NOTES The information below has been supplied by the vendor regarding the charges and lease remaining.
Service Charge £1600 per 6 months
Ground Rent £350 per year
Leasehold remaining 109 years
Council Tax Band - B
Energy Performance Rating - C
Enquire About This Property
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