2 Bed Flat, Single Let, Colchester, CO2 8XY, £160,000

Heia Wharf, Hawkins Road, Colchester, CO2 8XY - 5 views - a year ago

Leasehold
BTL
ROI: 10%
~68

ValuationUndervalued











Cashflows



































Property History

Listed for £160,000

February 15, 2024

Description

  • TWO BEDROOM +
  • TWO BATHROOM +
  • BALCONY +
  • OPEN PLAN LIVING +
  • FITTED KITCHEN +
  • THIRD FLOOR +
  • INVESTMENT OPPORTUNITY +
  • CURRENT RENTAL INCOME £1150PCM +

OVERVIEW GUIDE PRICE OF £160,000 - £170,000
*INVESTMENT OPPORTUNITY*

John Alexander are pleased to offer this two DOUBLE bedroom TWO bathroom apartment situated on the third floor. The property benefits from open plan living with a fitted kitchen, balcony and lift access. Current monthly rental figure is £1150pcm. 

ENTRANCE HALL Entry phone system, airing cupboard and doors to: 

BATHROOM Double glazed window, enclosed panel bath with shower over, low level WC, wash hand basin, towel rail holder, spotlights and extractor. 

BEDROOM ONE 11' 10" x 10' 11" (3.61m x 3.33m) Double glazed window, electric heater and a built-in wardrobe. 

ENSUITE Double shower cubicle, wash hand basin, low level WC, towel rail holder, spotlights and extractor. 

BEROOM TWO 10' 0" x 8' 9" (3.05m x 2.67m) Double glazed window and electric heater. 

OPEN PLAN LIVING AREA 14' 3" x 16' 1" (4.34m x 4.9m) Double glazed window and sliding patio doors to balcony and two electric heaters.

Kitchen Area: Fitted kitchen with a range of wall mounted and base units, stainless steel sink and drainer unit inset to work surface, built-in oven and hob with cooker hood over, fridge/freezer and washing machine, spotlights. 

AGENTS NOTE EPC rating - B
Council Tax band - B
Service Change - £350 (approx.) PA
Ground Rent - £2,000 - £2,500 PA
Years remaining on this lease: 112 years

Agent Details

John Alexander, Colchester

01206 586126

Next Steps?

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