1 bed Flat For Sale £140,000
**investment opportunity only - let at £825 pcm = 7.07% gross yeild/6.36% net yeild ** This spacious one bedroom ground floor apartment offers contemporary modern day living, with an open-plan design featured. Positioned favourably at Colchester Hythe, residing on a popular development and within easy access of Colchester's City Centre & University Of Essex, it is offered to market with no onward chain. Internally, accommodation comprises of; an entrance hall with secure entry system, generous master bedroom, white tiled family bathroom suite, open-plan kitchen living space with modern units and integrated appliances. Externally, the property boasts attractive communal gardens and seating areas, as well as this apartment featuring it's very own private terrace, ideal for a small bistro table for al-fresco dining. It also benefits from a single garage, with parking available in the garage and further visitors parking available with a visitors permit. Viewing advised.
Ground Floor
Entrance Hall
Secure entry door, further doors to:
Kitchen/Living Space
17' 11" x 9' 11" (5.46m x 3.02m) A range of fitted base and eye level units with work surfaces over, inset sink, drainer and tap over, range of integrated appliances including fridge/freezer, inset hob with extractor fan over, fridge/freezer, UPVC window to rear aspect, UPVC retractable doors providing access to private terrace, wood effect laminate flooring, variety of communication input/output
Master Bedroom
10' 9" x 12' 1" (3.28m x 3.68m) UPVC window to front aspect, radiator, storage cupboard
Bathroom
Tiled bathroom suite comprising of panel bath with shower over and curtain, tiled wall finish, chrome wall mounted towel rail, pedestal wash hand basin, UPVC window to rear aspect
Outside, Parking & Communal Areas
This ground floor apartment benefits from it's very own private terrace, accessible via retractable UPVC full height patio doors - ideal for a small bistro table. Communal green areas and seating areas are there to be enjoyed, by residents. Parking for one vehicle is available in a private garage, with further visitor parking available with a visitors permit.
Agents Note
We have been advised that this property is offered on a leasehold basis, with the lease term commencing from 155 years, with 138 years circa remaining - a healthy lease term. We have been informed by our seller that a service charge is payable at approximately £800 - £1000 per annum and ground rent is payable at circa £200 per annum . The service charge is collected by FirstPort and the ground rent by Estates & Management. We recommend that any prospective purchaser confirms the lease length and charges payable, at an early stage of their conveyance to avoid any discrepancy.
Ground Floor
Entrance Hall
Secure entry door, further doors to:
Kitchen/Living Space
17' 11" x 9' 11" (5.46m x 3.02m) A range of fitted base and eye level units with work surfaces over, inset sink, drainer and tap over, range of integrated appliances including fridge/freezer, inset hob with extractor fan over, fridge/freezer, UPVC window to rear aspect, UPVC retractable doors providing access to private terrace, wood effect laminate flooring, variety of communication input/output
Master Bedroom
10' 9" x 12' 1" (3.28m x 3.68m) UPVC window to front aspect, radiator, storage cupboard
Bathroom
Tiled bathroom suite comprising of panel bath with shower over and curtain, tiled wall finish, chrome wall mounted towel rail, pedestal wash hand basin, UPVC window to rear aspect
Outside, Parking & Communal Areas
This ground floor apartment benefits from it's very own private terrace, accessible via retractable UPVC full height patio doors - ideal for a small bistro table. Communal green areas and seating areas are there to be enjoyed, by residents. Parking for one vehicle is available in a private garage, with further visitor parking available with a visitors permit.
Agents Note
We have been advised that this property is offered on a leasehold basis, with the lease term commencing from 155 years, with 138 years circa remaining - a healthy lease term. We have been informed by our seller that a service charge is payable at approximately £800 - £1000 per annum and ground rent is payable at circa £200 per annum . The service charge is collected by FirstPort and the ground rent by Estates & Management. We recommend that any prospective purchaser confirms the lease length and charges payable, at an early stage of their conveyance to avoid any discrepancy.
