Sail House, Ship Wharf, Colchester

£155,000 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

  • £155,000 Guide Price
  • Availability: Sold
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Leasehold

Summary

*** INVESTMENT OPPORTUNITY *** 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 £850pcm from October 2020 offering an annual yield of approx. 6.7%.

Property Features

  • INVESTMENT OPPORTUNITY
  • SPACIOUS APARTMENT
  • APPROX ANNUAL YIELD 6.7%
  • RENT INCREASING TO £850PCM
  • 25' OPEN PLAN LIVING ROOM/KITCHEN
  • VIEWS TOWARDS THE RIVER COLNE
  • CLOSE TO UNIVERSITY OF ESSEX
  • GOOD RENTAL RETURN
  • CLOSE TO HYTHE STATION
  • SOUGHT AFTER DEVELOPMENT

Full Details

OVERVIEW *** INVESTMENT OPPORTUNITY ***GUIDE PRICE £155,000-£160,000*** 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 £850pcm from October 2020 offering an annual yield of approx. 6.7%.

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 ONE 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, panelled bath with centre taps and shower over, chrome heated towel rail.

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

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]