Meachen Road, Colchester, Essex

£165,000 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

  • £165,000 Guide Price
  • Availability: Sold
  • Bedrooms: 2
  • Bathrooms: 2
  • Reception Rooms: 1
  • Tenure: Leasehold

Summary

*** GUIDE PRICE OF £165,000 - £175,000 ***

Located in the popular investment area of the Hythe is this excellent two bedroom apartment within walking distance to Essex university, local shops and Colchester centre. Currently let for £950 and having a yield of 6.3% - 6.7% this investment is certainly worth a visit.

Property Features

  • TWO BEDROOM APARTMENT
  • IDEAL LOCATION
  • MINUTES FROM HYTHE STATION
  • CLOSE BY TO UNIVERSITY
  • £950 PCM
  • 6.3% - 6.7% YIELD
  • INVESTMENT ONLY
  • SHORT DRIVE TO TOWN
  • CLOSE TO LOCAL SHOPS
  • IDEAL INVESTMENT

Full Details

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

Located in the popular investment area of the Hythe is this excellent two bedroom apartment within walking distance to Essex university, local shops and Colchester centre. Currently let for £950 and having a yield of 6.3% - 6.7% this investment is certainly worth a visit.

KITCHEN 7' 9" x 9' 4" (2.36m x 2.84m) Matching base and eye level units, stainless steel sink bowl unit, Juliet balcony, space for appliances and integrated oven.

LOUNGE 19' 3 " x 16' 2" (5.87m x 4.93m) Multiple double glazed windows and heater.

MASTER BEDROOM 14' 10" x 9' 4" (4.52m x 2.84m) Built in wardrobes, double glazed windows, heater and door to;

BEDROOM TWO 11' 1" x 7' 4" (3.38m x 2.24m) Double glazed window, heater and built in wardrobes.

BATHROOM Low level WC, wash hand basin and panelled bath with shower over.

AGENTS NOTE Tenancy Agreement signed until 21/9/2023 with rent at £950pcm
Leasehold remaining: 999 years from January 2002.
Service charge £583.90 paid every six months on 1st January & 1st July.
Ground Rent: £25.00 annually
EPC rating - B
Council Tax Band - B

ENTRANCE HALL Doors to;

ENSUITE Low level WC, wash hand basin, shower cubicle.

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]