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2 Bed Flat, Cash/Bridging Only, Colchester, CO2 8GN £165,000

57 Pier Wharf Quayside Drive Colchester CO2 8GN - a year ago
  1. Deal Search
  2. Colchester
  3. CO2
  4. CO2 8GN
Leasehold
Cash
ROI: 2%
78 m²

ValuationFair Value

This may not be accurate, please check manually.

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Property History

Listed for £165,000

October 28, 2024

Description

  • TOP FLOOR APARTMENT +
  • TWO DOUBLE BEDROOMS +
  • OPEN PLAN LIVING ROOM/KITCHEN +
  • TWO BALCONIES +
  • ENSUITE TO MASTER BEDROOM +
  • BATHROOM +
  • SUPERBLY PRESENTED +
  • PARKING SPACE +
  • CLOSE TO UNIVERSITY OF ESSEX +
  • GREAT INVESTMENT PURCHASE +

OVERVIEW GUIDE PRICE OF £165,000 - £175,000
* CASH BUYERS ONLY *

A superbly presented and spacious top floor apartment situated in this sought after residential location within walking distance to the University of Essex and Hythe Railway Station which offers links to London Liverpool Street. This Stylish apartment would make an excellent investment purchase due to the nature of its location to the University and is currently achieving a rental income of £1295 PCM 

ENTRANCE HALL "L" shaped with three storage cupboards, doors to: 

OPEN PLAN LIVING ROOM/KITCHEN 21' 9" x 15' 4" (6.63m x 4.67m) Wood effect flooring, double glazed door and window to the balcony. 

KITCHEN AREA Fitted with modern units with ample work surfaces with cupboards and drawers under. Built in four ring ceramic hob, electric oven with extractor over, integrated fridge/freezer and washing machine, wall mounted cabinets. 

BEDROOM ONE 12' 4" x 12' 1" (3.76m x 3.68m) Double glazed door and window to the balcony, built in mirrored double wardrobe. 

ENSUITE Comprising double shower cubicle, low level WC, hand basin with mixer taps. 

BEDROOM TWO 13' 2" x 9' 9" (4.01m x 2.97m) Two double glazed windows to the front. 

BATHROOM Comprising of panelled bath with mixer taps and shower attachment, hand basin with mixer taps, low level WC, chrome heated towel rail. 

OUTSIDE The property benefits from having two balconies with roofline views towards the university and an allocated underground gated parking space. 

AGENTS NOTES Leasehold remaining: 155 years from April 2005 - 137 years remaining.
Service charge £1,151.28 per annum paid bi-annually on 1st April & 1st October.
Ground Rent: £250.00 annually paid half on 1st April and half on 1st October.
EPC rating - C
Council Tax Band - B

Agent Details

John Alexander, Colchester

01206 586126

Next Steps?

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

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Investment Opportunity

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