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SPECIFICATIONS:

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PROPERTY LOCATION:

KEY FEATURES:

  • NO CHAIN
  • FIRST FLOOR
  • ALLOCATED PARKING
  • VIEWING ADVISED
  • CONVENIENT LOCATION
  • KEY TO VIEW
  • IDEAL FIRST BUY
  • INVESTMENT POTENTIAL

PROPERTY DETAILS:

INVESTMENT OPPORTUNITY. The ideal opportunity has arisen to purchase this purpose built one bedroom first floor apartment with current tenant in situ. Located to the South of Colchester with regular bus services into the town centre, the property could make either an ideal investment purchase.

Entrance:
Communal entrance with intercom system leading to:

Hallway:
Airing cupboard housing lagged copper cylinder and immersion heater, storage heater, door to:

Lounge: (4.83 x 2.35)
Window to rear, storage heater, inset spotlights, leading to:

Dining Area: (2.19 x 2.15)
Window to rear, inset spotlights, open plan leading to:

Kitchen: (2.154 x 1.82)
Comprising work surfaces with cupboards and drawers under and eye level units, inset four ring electric hob with oven beneath, inset acrylic sink with mixer tap, tiled splash backs, inset spotlights, plumbing for washing machine.

Bedroom: (3.30 x 2.55)
Window to front, wall mounted electric heater.

Bathroom: (2.06 x 1.66)
Three piece suite comprising panelled bath with independent electric shower over, pedestal wash hand basin, low level flush W.C. wall mounted Dimplex fan heater, extractor fan, part tiling to walls.

Outside:
To the front of the property there is one allocated parking space.

Leasehold:
Lease 125 from 1st January 1988
92 years remaining
Ground Rent: £190.00 P.A.
Maintenance: £1038.00 P.A.

Tenancy
The property is currently let on an Assured Shorthold Tenancy at £560.00 pcm until 31/07/2021.
If a purchaser continues with the Gallant Richardson property management service then a rent guarantee is available to be transferred.

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.

PROPERTY INFORMATION:

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PROPERTY OFFICE :

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

T: 01206 768555
1 Bedroom Flat

Layer Road, Colchester

£115,000 - Sold STC