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SPECIFICATIONS:

  • X 2
  • X 1
  • X 1

PROPERTY LOCATION:

KEY FEATURES:

  • NO CHAIN
  • INVESTMENT POTENTIAL
  • CLOSE TO TOWN
  • WALKING DISTANCE OF TRAIN STATION
  • CLOSE TO CASTLE PARK
  • TOP FLOOR

PROPERTY DETAILS:

GUIDE PRICE £110,000. Being in the heart of Colchester town centres Dutch quarter, we are able to offer this two bedroom TOP FLOOR self contained apartment. The property has the benefit of gas central heating and is well placed for all of Colchester's amenities including town centre, Castle Park and is also within walking distance of Colchester's mainline railway station. The property offers a fantastic investment opportunity as is currently tenanted and achieves a rental income of £500.00pcm, however, can be sold with no onward chain.

Communal Entrance:
With intercom system leading to staircase and personal door to:

Entranc hall:
With further doors leading to:

Lounge/Kitchenette: (3.60 x 3.50 (11'9" x 11'5"))
Being 'L'shaped with lounging area, double glazed window to rear, radiator, kitchen area comprising worksurfaces with cupboards and drawers under and matching eye level units, inset four ring electric hob with oven beneath and extractor over, inset single bowl stainless steel sink unit, plumbing for washing machine, wall mounted gas fired combination boiler.

Bedroom One: (3.74 x 2.11 (12'3" x 6'11"))
Double glazed window to front, radiator.

Bedroom Two: (2.78 x 2.05 (9'1" x 6'8"))
Double glazed window to front, radiator.

Shower Room: (1.82 x 1.50 (5'11" x 4'11"))
Comprising corner shower, low level flush W.C. pedestal wash hand basin, heated chrome towel rail, extractor fan.

Lease Details:
Lease: 92 years remaining
Maintenance: £1,090 P.A.
Ground Rent: £410.00 P.A. (Increases in line with RPI over years, full clause available on request)

Tenancy
The property is currently let on an assured shorthold tenancy agreement at a rent of £500.00pcm. Gallant Richardson as managing agents may be able to provide a rent guarantee.

Disclaimer:
Every care has been taken with the presentation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These Particulars do not constitute a contract or part of a contract.

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PROPERTY OFFICE :

Gallant Richardson Colchester
5 Culver Street West, Colchester, Essex, CO1 1JG

T: 01206 768555
2 Bedroom Flat

Northgate Street, Colchester

Guide Price £110,000
This property is not currently available. It may be sold or temporarily removed from the market.