2 bed Flat For Sale £160,000
*** Guide Price £160,000 - £170,000 *** A ground floor two bedroom apartment located in the popular area of Myland. Location here provides convenient access to the A12 and Colchester North Station. As well as being close to the town centre and just a stones throw from Highwoods Country Park.
Internal accommodation comprises of an open plan lounge/kitchen/diner, two double bedrooms and there is a family bathroom. Externally there is an allocated parking space. The development also benefits from a communal garden.
The apartment currently has a long term tenant in situ paying £750pcm, which achieves a yield of 5.6%.
The vendor plans to increase the rental to £850pcm at the end of the tenancy agreement, which achieves a yield of 6.3%.
Entrance Hall
Open Plan Lounge/Kitchen/Diner (6.20m x 3.25m (20'4" x 10'7" ))
Master Bedroom (3.18m x 2.57m (10'5" x 8'5" ))
Bedroom Two (3.18m x 1.98m (10'5" x 6'5" ))
Bathroom (1.91m x 1.98m (6'3" x 6'5" ))
Internal accommodation comprises of an open plan lounge/kitchen/diner, two double bedrooms and there is a family bathroom. Externally there is an allocated parking space. The development also benefits from a communal garden.
The apartment currently has a long term tenant in situ paying £750pcm, which achieves a yield of 5.6%.
The vendor plans to increase the rental to £850pcm at the end of the tenancy agreement, which achieves a yield of 6.3%.
Entrance Hall
Open Plan Lounge/Kitchen/Diner (6.20m x 3.25m (20'4" x 10'7" ))
Master Bedroom (3.18m x 2.57m (10'5" x 8'5" ))
Bedroom Two (3.18m x 1.98m (10'5" x 6'5" ))
Bathroom (1.91m x 1.98m (6'3" x 6'5" ))
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