2 bed Flat For Sale £180,000
Investment opportunity. Two double bedroom first floor apartment with garage & en-suite.
Currently let to a reliable, long standing tenant this first floor property overlooks the greensward and lake near Tollgate in Stanway. There is a living room with dual aspect windows plus French doors to a Juliet balcony, kitchen also with dual aspect windows and a built-in oven and hob, entrance hall, two double bedrooms, one with en-suite shower room and a family bathroom. Outside is a single garage with a parking space in front, a separate brick-built bicycle shed plus a secure outside store. Situated within easy access of the A12 and either Colchester North or Marks Tey main line Stations.
Entrance Hall (5.86 x 1.07 (19'2" x 3'6"))
Entry phone, built-in airing cupboard housing the lagged hot water cylinder, electric radiator, wall mounted heating control unit.
Living Room (4.38 x 3.88 (14'4" x 12'8"))
Double glazed windows to both the side and rear with views over the lake and double glazed French doors opening onto a Juliet balcony, electric radiator
Kitchen (3.35 x 2.48 (10'11" x 8'1"))
Double glazed windows to both the front and side giving views over the greensward and lake. Fitted with a range of wall and floor mounted units and roll top work surfaces with inset stainless steel sink unit with mixer taps over. Built-in electric oven and hob with extractor hood over. Freestanding washing machine and fridge freezer to remain. Plumbing and space for dishwasher.
Bedroom One (3.80 x 3.78 (12'5" x 12'4"))
Double glazed window to the rear, electric radiator, double built-in wardrobe
Ensuite Shower Room (2.08 x 1.70 (6'9" x 5'6"))
Double glazed window to the front, shower cubicle, pedestal wash basin and low level W.C, heated chrome towel rail, extractor fan.
Bedroom Two (3.87 max x 2.94 (12'8" max x 9'7"))
Double glazed window to the rear, electric radiator, alcove for wardrobe
Bathroom (2.08 x 1.71 (6'9" x 5'7"))
Double glazed window to the front, panel bath with shower mixer attachment, pedestal wash basin and low level W.C, heated chrome towel rail, extractor fan.
Outside And Garage
The property has a single garage to the rear with a parking space in front. There is also a brick built secure bike shed and a separate, smaller outside brick built shed.
Lease
The lease has 132 years remaining.
The ground rent is £175.00 per year.
The current service charge is £1540.08 per year.
Tenancy
The property is currently let on an Assured Shorthold Tenancy until 27/08/2021 at £725.00 per month.
Under covid guidelines s21 notice has been served to expire on 30/09/2021, although the tenants are keen to stay on.
If the purchaser continues management with Gallant Richardson then there is a rent guarantee that can be transferred.
Currently let to a reliable, long standing tenant this first floor property overlooks the greensward and lake near Tollgate in Stanway. There is a living room with dual aspect windows plus French doors to a Juliet balcony, kitchen also with dual aspect windows and a built-in oven and hob, entrance hall, two double bedrooms, one with en-suite shower room and a family bathroom. Outside is a single garage with a parking space in front, a separate brick-built bicycle shed plus a secure outside store. Situated within easy access of the A12 and either Colchester North or Marks Tey main line Stations.
Entrance Hall (5.86 x 1.07 (19'2" x 3'6"))
Entry phone, built-in airing cupboard housing the lagged hot water cylinder, electric radiator, wall mounted heating control unit.
Living Room (4.38 x 3.88 (14'4" x 12'8"))
Double glazed windows to both the side and rear with views over the lake and double glazed French doors opening onto a Juliet balcony, electric radiator
Kitchen (3.35 x 2.48 (10'11" x 8'1"))
Double glazed windows to both the front and side giving views over the greensward and lake. Fitted with a range of wall and floor mounted units and roll top work surfaces with inset stainless steel sink unit with mixer taps over. Built-in electric oven and hob with extractor hood over. Freestanding washing machine and fridge freezer to remain. Plumbing and space for dishwasher.
Bedroom One (3.80 x 3.78 (12'5" x 12'4"))
Double glazed window to the rear, electric radiator, double built-in wardrobe
Ensuite Shower Room (2.08 x 1.70 (6'9" x 5'6"))
Double glazed window to the front, shower cubicle, pedestal wash basin and low level W.C, heated chrome towel rail, extractor fan.
Bedroom Two (3.87 max x 2.94 (12'8" max x 9'7"))
Double glazed window to the rear, electric radiator, alcove for wardrobe
Bathroom (2.08 x 1.71 (6'9" x 5'7"))
Double glazed window to the front, panel bath with shower mixer attachment, pedestal wash basin and low level W.C, heated chrome towel rail, extractor fan.
Outside And Garage
The property has a single garage to the rear with a parking space in front. There is also a brick built secure bike shed and a separate, smaller outside brick built shed.
Lease
The lease has 132 years remaining.
The ground rent is £175.00 per year.
The current service charge is £1540.08 per year.
Tenancy
The property is currently let on an Assured Shorthold Tenancy until 27/08/2021 at £725.00 per month.
Under covid guidelines s21 notice has been served to expire on 30/09/2021, although the tenants are keen to stay on.
If the purchaser continues management with Gallant Richardson then there is a rent guarantee that can be transferred.
