** investment opportunity ** We are delighted to bring to market this well presented two bedroom apartment located in the popular location of The Hythe, Colchester. The home is being sold with tenant in Situ achieving £1250PCM until September 2023 & new tenants for September 2023 - 2024 achieving £1350PCM.
The property benefits from open plan living space, allocated underground parking space and is within walking distance of local shops & Essex University. Open house: Saturday 27th August By Prior Appointment Only.
Entrance Door Leading To:
Communal Hallway
Stairs to all floors, access to lift
Second Floor
Entrance Door Opening To
Hallway
Electric Heater, Telephone Entry System, Cupboard Housing Hot Water Tank
Living Area (5.89m x 5.51m (19'4 x 18'1))
Juliette Balcony To Front, Double Glazed Window To Front Aspect, Range Of Wall & Base Units, Work Tops Over, Integrated Oven, Four Ring Electric Hob, Integrated Fridge Freezer, Electric Heater
Bedroom One (3.66m x 3.18m + recess (12'0" x 10'5" + recess))
Double Glazed Window To Side Aspect, Electric Heater
En-Suite
Shower Cubicle, Low Level WC, Wash Hand Basin
Bedroom Two (3.96m x 3.18m max (13'0" x 10'5" max))
Double Glazed Window To Front Aspect, Electric Heater
Bathroom
Bath With Shower Over, Fully Tiled Side Wall, Heated Towel Rail, Low Level WC, Pedestal Wash Hand Basin
Parking:
One allocated underground space
Agents Note:
The vendor has let the property via an assured short hold tenancy agreement with new tenants occupying the property for a 12 month period from September 2022 achieving £1250PCM. A new AST is in place for September 2023 - 2024 achieving £1350PCM.
Material Information:
Tenure: Leasehold
Lease: 125 Years Commencing January 2014
Service Charge: £1600 Per Annum (Including Water Rates)
Ground Rent: £350 per annum
Council Tax Band: B