Vitoria Mews, Colchester, CO2

Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 1

Agent: Michaels Property Consultants - Colchester Phone: 01206 988896

<p>Excellent Two-Bedroom Apartment – South Colchester – CASH BUYERS ONLY</p><p>Please note this property is available to cash buyers only and is therefore offered at a very attractive price below current market value. For further information, please contact a consultant today.</p><p>Situated in a sought-after South Colchester location, the property is conveniently placed close to a wide range of local amenities, shops, and a regular bus network providing easy access to the city centre. The apartment also benefits from outlooks onto an attractive green space.</p><p>Located on the second floor, this well-presented apartment is currently let until August 2026, with tenants keen to remain in situ, subject to a review of terms. The accommodation comprises a welcoming entrance hall, a feature open-plan living/dining/kitchen area, two double bedrooms, and a family bathroom. Additional benefits include a new water tank installed in 2025, bicycle storage and allocated parking.</p><p>Leasehold Information: The property is offered on a leasehold basis with a 250-year lease from 1 January 2006, leaving approximately 230 years remaining. The service charge is approximately £1,830 per annum, with a ground rent of £275 per annum. All interested parties are advised to confirm these details with their solicitor at an early stage of conveyancing.</p><p>Current tenancy: The current tenancy agreement is until August 2026, currently paying £950 PCM, offering a gross yield of 8.4%. The current tenants are keen to remain in situ, subject to terms being agreed.</p><p>Viewings can be arranged through one of our consultants.</p>