Property Details: • Type: Apartment • Tenure: N/A • Floor Area: N/A
Key Features: • ONE BEDROOM • INVESTMENT OPPORTUNITY • LEASE HOLD • OPEN PLAN LIVING • ALLOCATED PARKING • BALCONY • CLOSE CITY CENTRE • WALKING DISTANCE TO STATION • CLOSE TO ALL LOCAL AMENITIES • LOW EPC AND COUNCIL TAX RATING
Location: • Nearest Station: N/A • Distance to Station: N/A
Agent Information: • Address: 99 London Road, Colchester, CO3 0NY
Full Description: OVERVIEW *** GUIDE PRICE £130,000 TO £140,000 *** ** NO ONWARD CHAIN **This contemporary one-bedroom apartment, featuring an inviting balcony, is perfectly situated near Colchester North Station, General Hospital, and Turner Rise Retail Park, making it a perfect first time buy or investment opportunity for the buy-to-let market. The complex assures convenience and security with amenities that include an intercom entry system, lift access, dedicated bicycle and refuse storage, and the benefit of an assigned parking space. We approximate that the property would achieve a potential monthly rental of £900pcm. LOCATION Turner Road is situated in a residential area that is also home to the Northern Gateway and Turner Rise retail parks, Colchester General Hospital and the Colchester Community Stadium (also known as JobServe Community Stadium), where the local football team, Colchester United FC, plays their home games. The Colchester Mainline Railway Station is just a short walk away offering direct links to London Liverpool Street in Approx. 50 minutes. ENTRANCE HALL OPEN PLAN LIVING ROOM 16' 1" x 11' 11" (4.9m x 3.63m) BALCONY KITCHEN 8' 9" x 7' 3" (2.67m x 2.21m) BEDROOM 11' 6" x 10' 9" (3.51m x 3.28m) BATHROOM 7' 0" x 5' 7" (2.13m x 1.7m) AGENTS NOTES When considering the purchase of a leasehold property with a 125-year term starting from June 2014, it's important to take into account the various costs associated with the lease-which in this case includes a rising ground rent and service charges. 114 year lease remaining - 125-year term starting from June 2014Service Charges: £2,067.96 per annumGround Rent: £364 per annum BrochuresBrochure
