Ship Wharf, Colchester

OVERVIEW *** GUIDE PRICE £135,000 - £150,000 ***
** INVESTMENT ONLY **

A well presented one bedroom fourth floor apartment located in the popular Hythe area, the apartment is walking distance to Essex University and local shops, the accommodation is of good condition and offers a balcony and spacious living. The current tenant is currently paying a monthly rental of £850.00pcm giving a fantastic yield of 6.8 % - 7.5 %.

ENTRANCE HALL With lift access and stair flight from communal hallway, storage cupboard, security entry phone, wooden flooring.

OPEN PLAN LIVING/KITCHEN 22' 6" x 14' 11" (6.86m x 4.55m) The kitchen area is fitted with modern units and work surfaces with cupboards under, built in four ring ceramic hob, electric oven with extractor over, integrated fridge/freezer and washing machine, one and a half bowl sink unit, wooden flooring, sliding double glazed doors to the balcony.

BEDROOM 10' 9" x 10' 4" (3.28m x 3.15m) Double glazed window to the front, built in double mirrored wardrobe.

BATHROOM A modern suite comprising of hand basin, low level WC, paneled bath with centre taps, chrome heated towel rail.

OUTSIDE We are advised there is an allocated parking space under the apartments.

AGENTS NOTE EPC rating - C
Council Tax band - B
Service Change - £1,214.46
Ground Rent - £150
Years remaining on this lease: 115 years