2 bed Flat For Sale £160,000
***Guide Price Of £160,000 - £170,000***
This two bedroom ground floor apartment is located in the popular area of Myland. Situated to the north side of Colchester, location here provides easy access to the A12 and Colchester North train Station, which offers direct links into London Liverpool Street. There is public transport stopping at Colchester's General Hospital, train station and Town centre. You also have the bonus of being on the doorstep of Highwoods Country Park and within walking distance of good primary and secondary schools.
Internal accommodation; entrance door opens into a large hallway with storage, doors leading off left and right lead you into the master bedroom, with built in wardrobes, the second bedroom which is also a double and the family bathroom, fitted with bath, wash basin and W.C.
The open plan lounge/kitchen/diner is of ample size and provides the perfect living space. The kitchen has storage cupboards, worktops and space and plumbing for utilities.
Externally the property benefits from allocated parking and communal gardens.
The vendor has informed us that apartment currently has a long term tenant in situ paying £750.00(pcm), which achieves a yield of 5.6%. The vendor has also informed us that they had plans to increase the rental to £850.00(pcm) at the end of the tenancy agreement, which would increase the yield to 6.3%.
Ground floor
entrance hall
lounge/kitchen/diner
6.23m x 3.25m (20' 5" x 10' 8")
Master bedroom
3.18m x 2.57m (10' 5" x 8' 5")
Second bedroom
3.18m x 1.98m (10' 5" x 6' 6")
Family bathroom
1.98m x 1.91m (6' 6" x 6' 3")
This two bedroom ground floor apartment is located in the popular area of Myland. Situated to the north side of Colchester, location here provides easy access to the A12 and Colchester North train Station, which offers direct links into London Liverpool Street. There is public transport stopping at Colchester's General Hospital, train station and Town centre. You also have the bonus of being on the doorstep of Highwoods Country Park and within walking distance of good primary and secondary schools.
Internal accommodation; entrance door opens into a large hallway with storage, doors leading off left and right lead you into the master bedroom, with built in wardrobes, the second bedroom which is also a double and the family bathroom, fitted with bath, wash basin and W.C.
The open plan lounge/kitchen/diner is of ample size and provides the perfect living space. The kitchen has storage cupboards, worktops and space and plumbing for utilities.
Externally the property benefits from allocated parking and communal gardens.
The vendor has informed us that apartment currently has a long term tenant in situ paying £750.00(pcm), which achieves a yield of 5.6%. The vendor has also informed us that they had plans to increase the rental to £850.00(pcm) at the end of the tenancy agreement, which would increase the yield to 6.3%.
Ground floor
entrance hall
lounge/kitchen/diner
6.23m x 3.25m (20' 5" x 10' 8")
Master bedroom
3.18m x 2.57m (10' 5" x 8' 5")
Second bedroom
3.18m x 1.98m (10' 5" x 6' 6")
Family bathroom
1.98m x 1.91m (6' 6" x 6' 3")
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