Nicholsons Grove, Colchester

Property Details: • Type: Studio • Tenure: LEASEHOLD • Floor Area: N/A

Key Features: • Investment purchase with tenant in situ • Long lease • Convenient for city centre, transport links, castle park and leisure centre • First floor studio flat • Parking bay • Current rent £650.00 pcm

Location: • Nearest Station: Colchester Town Station • Distance to Station: 0.1533690518011432 miles

Agent Information: • Address: 15 Crouch Street, Colchester, CO3 3EN

Full Description: <strong></strong> <strong></strong> INVESTMENT PURCHASE WITH TENANT IN SITU...A purpose built first floor STUDIO flat conveniently situated for the city centre, transport links, castle park and leisure centre. CURRENT TENANT PAYING £650.00 PCM. <br /> <br /><br /><strong></strong> <strong></strong> The accommodation with approximate room sizes comprises:-<br /> <br /><br /><strong>COMMUNAL</strong> <strong>ENTRANCE</strong> <strong>HALL</strong> <strong></strong> Via communal entrance door. Stairs to first floor. <br /> <br /><br /><strong>LIVING</strong> <strong>ROOM/BEDROOM</strong> <strong>15' 8" x 12' 4" (4.78m x 3.76m)</strong> Window, archway to:<br /> <br /><br /><strong>KITCHEN</strong> <strong>8' 9" x 5' 11" (2.67m x 1.8m)</strong> Window, stainless steel sink set into work surface, base and eye level units, space for domestic appliances. <br /> <br /><br /><strong>BATHROOM</strong> <strong>6' 5" x 6' 5" (1.96m x 1.96m)</strong> Bath, WC and wash basin<br /> <br /><br /><strong>ADDITIONAL</strong> <strong>INFORMATION</strong> <strong></strong> <strong></strong> Council tax band : A.<br /><br />Local authority : Colchester City Council.<br /><br />Energy rating : C.<br /><br />We are advised of the following:<br /><br />Lease : 999 years from 1 January 1980. <br /><br />Service charge : £1,199.95 (1 January 2026 to 31 December 2026).<br /><br />Ground rent : N/A.<br /><br />Tenant in situ : since July 2019.<br /><br />Current rent : £650.00 pcm, last reviewed August 2025 with a £40.00 increase.<br /><br />Leasehold properties : ground rents and service/maintenance charges may fluctuate. Precise figures and lease duration must be obtained from the sellers legal representative. <br />