2 Bed Flat, Single Let, Colchester, CO1 1PY, £125,000

North Hill, Colchester, Essex, CO1 1PY - 9 months ago

Leasehold
Auction
BTL
ROI: 9%
~51

ValuationUndervalued











Cashflows



































Property History

Price changed to £125,000

April 1, 2025

Price changed to £140,000

March 8, 2025

Listed for £160,000

July 30, 2024

Floor Plans

Description

Offered to the market with NO ONWARD CHAIN, set in the heart of Colchester is this 2 bedroom ground floor apartment. It's a stones throw away from the city centre offering an array of amenities to enjoy plus the mainline train station with links to London Liverpool Street within under an hour.

The property comprises an entrance hallway, spacious lounge/diner/kitchen, two bedrooms and a bathroom.

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and
seller to complete within a 56 Day Reservation Period. Interested parties’
personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with
your lender before bidding. A Buyer Information Pack is provided. The buyer
is responsible for the Pack fee. For the most recent information on the Buyer
Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a NonRefundable Reservation Fee of 4.5% of the purchase price including VAT,
subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the
property to the buyer during the Reservation Period and is paid in addition to
the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will
receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc.
VAT. These services are optional.

Agent Details

Abbotts, Colchester

01206 586064

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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