- TWO BEDROOMS +
- SEPERATE KITCHEN +
- GARAGE +
- UPDATE REQUIRED +
- NO CHAIN +
- CLOSE TO TOWN +
- COUNCIL TAX BAND A £1379 +
- EPC RATING D +
Boydens offers this two-bedroom flat situated on a Victorian terraced street to the east of Colchester. Available either as an ongoing investment or with vacant possession, this property offers flexibility for both investors and owner-occupiers. While the flat requires some updating throughout, it provides a good opportunity to add value and personalise to your taste.
The flat is part of a purpose-built complex with only two being accessed from the communal entrance hall. Stepping through the private front door, you're greeted by a hallway providing access to all rooms. At the far end of the hall lies the lounge/dining room, featuring a window to the front and a Velux window to the rear. Adjacent to the lounge, the separate kitchen boasts fitted units and a sink.
The property comprises two bedrooms, with the principal bedroom offering ample space for a double bed, while the second bedroom provides comfortable accommodation as a study space or single bedroom. These bedrooms are serviced by a family bathroom featuring a bath with a shower over, WC, and sink, ensuring convenience and comfort for occupants.
Externally, the property benefits from a single garage, providing secure parking or additional storage space, along with communal visitor parking spaces, enhancing convenience for residents and guests alike.
The tenant has agreed to a rental increase to £750 per calendar month, commencing with the renewal of the tenancy in April 2024 but notice has been served on the 1st of July 2024 so can be sold with vacant possession in October 2024.
Service Charge - £1,200 pa
Ground Rent - £100 pa
Lease Length - 87 years
This flat is available as a profitable investment or with vacant possession, offering an excellent opportunity for either investors seeking rental income or owner-occupiers looking to renovate and make it their own.
HALL - 19'5'' x 5'9'' (5.9m x 1.8m)
LOUNGE/DINER - 17'4'' x 11'4'' (5.3m x 3.5m)
KITCHEN - 8' x 5'6'' (2.4m x 1.7m)
BEDROOM - 1 - 11'5'' x 8'3'' (3.5m x 2.5m)
BEDROOM - 2 - 7'7'' x 8'2'' (2.3m x 2.5m)
BATHROOM - 6'10'' x 5'9'' (2.1m x 1.8m)
GARAGE - 16' x 8'8'' (4.9m x 2.6m)