1 Bed Apartment House For Sale East Street, Colchester, CO6

£135,000- Apartment

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 23rd April 2024

Description

Boydens are pleased to announce for sale this spacious first floor grade II listed apartment. Internally the property includes a 24ft (into bay) lounge/bedroom area with beautiful features including exposed beams, fitted kitchen with integrated oven, gas hob with extractor above and further space for appliance and three piece family bathroom suite. The property is ideal for first time buyers, commuters and investment buyers, the property is achieving a rental income of £750 pcm, with a return yield of 6%.

The property is located in an extremely convenient area being in the heart of Coggeshall offering an extensive range of shopping, along with a wide variety of cafes and restaurants. Coggeshall also includes both primary and secondary education and Kelvedon mainline railway station is 3 miles away providing links to Liverpool Street is approximately a 50 minute train journey.

ACCOMMODATION

Lounge/Bedroom - 24'3 Into bay x 13'2
Kitchen - 9'2 x 8'2
Bathroom - 11'6 x 7'4 Max

LEASE INFORMATION
Length of lease - 125 years from 1 November 2006.
Annual Ground rent - £0.00.
Annual Service charge - £0.00.
Council Tax band - A.

Local Authority - Braintree City Council

Broadband Availability - Standard and superfast Broadband Available with speeds up to 80mbps (details obtained from Ofcom Mobile and Broadband Checker) - February 2024.

Mobile Coverage - It is understood that the best available mobile service in the area is provided by EE, Three, O2 & Vodafone (details obtained from Ofcom Mobile and Broadband Checker) - February 2024.

Utilities -
Mains Electric
Gas Fired Central Heating
Mains Water
Mains Sewerage

Construction Type - We understand the property to be of Traditional Construction of Brick and Block.

Flood Risk - Data Taken from Gov.UK Flood Map.
The property is located in flood zone 1 which means it has a low probability of flooding from rivers and the sea.

Planning Applications in the Immediate Locality - Checked January 2024 - We are not aware of any planning applications in the immediate locality.

MONEY LAUNDERING REGULATIONS - Please be advised that all purchasers will need to adhere to currents laws of money laundering and therefore will need to provide Boydens Estate Agents photographic identification and proof of residency identification before any transaction is started to comply with the legislation.
Agent Details
Boydens
121, High Street, Colchester, CO5 9AA
Show Contact Number
01376 570 335

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£180,000
Colchester, CO6
Maisonette
4.9
£300,000
Colchester, CO6
Character Property
4.7
£525,000
Colchester, CO6
Detached
4.7
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested