1 Bed Apartment House For Sale Quayside Drive, Colchester, CO2

£129,995- Apartment

1 of 7
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Last Updated: 1st May 2024

Description

**** Attention Investors **** Saxons are delighted to offer this modern one bedroom apartment which is perfectly located for access to the University of Essex, City Centre, supermarkets and local amenities. The property would make an ideal investment purchase. Viewing is highly recommended.\r
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ENTRANCE HALL\r
Radiator, doors to:\r
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BEDROOM 12'1 x 8'10\r
Built in storage/airing cupboard, radiator, double glazed window to rear aspect.\r
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BATHROOM\r
Modern white suite comprises panel bath with shower fitted over, low level WC, wash hand basin, chrome effect heated towel rail, tiled walls and flooring, extractor fan.\r
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OPEN PLAN LIVING/KITCHEN AREA 18'6 x 9'11\r
Range of eye level units with matching cupboards and drawers below, fitted work surfaces, stainless steel sink with drainer and mixer taps, integrated fridge/freezer, washing machine, oven and electric hob with extractor over, wood effect laminate flooring, radiator, double glazed sliding door to balcony.\r
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Agents Notes -\r
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We understand from the vendor the following:\r
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137 Years Lease Remaining\r
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Ground Rent £200.00 per annum\r
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£1150.00 service charge per year\r
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Any potential purchasers are advised to clarify these with their solicitor.
Agent Details
Saxons Estate Agents
106 High Street, Colchester, CO1 1TH

Investment Analysis

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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.
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This is the potential achievable yield.
Potential Return-on-Cash Invested