• INVESTMENT PURCHASE
• GUARANTEED RENT AVAILABLE WITH TENANTS IN RESIDENCE
• INTERCOM SYSTEM
• CLOSE TO TOWN
• HEATING INCLUDED
• DUTCH QUARTER
• ADJACENT CASTLE PARK
• COMMUNAL CAR PARK
• PERMIT PARKING AVAILABLE

INVESTMENT PURCHASE. TOWN CENTRE, ONE BEDROOM FIRST FLOOR FLAT, situated in The Dutch Quarter just off the High Street close to restaurants and bars, adjacent to The Castle Park and within walking distance of Colchester North Station. There is a communal parking area with spaces available on a first come, first serve basis and a communal outside drying area. There is a centralised gas central heating system supplied as part of the service charge. The kitchen has a built-in oven & hob, and integrated fridge freezer together with freestanding washing machine to remain. The property is currently let on an Assured Shorthold Tenancy at £540 pcm, so will therefore suit landlord/investment buyers only.

The property briefly consists of Lounge, bedroom, kitchen and bathroom.

Accommodation comprises:

Communal entrance door with intercom system providing access to hallway and personal door to:

Sitting Room: 5.16 x 2.63 (16' 11" x 8' 7") Window to front, radiator, doors to:

Kitchen: 3.13 x 2.06 (10' 3" x 6' 9") Comprising work surfaces with cupboards and drawers under and eye level units, inset four ring electric hob, with oven beneath and extractor over, inset one and a half bowl sink unit with mixer tap, integrated side by side, fridge freezer, plumbed -in freestanding washing machine to remain, tiling to floor and walls, window to front.

Bedroom: 4.42 x 1.80 (14' 6" x 5' 10") Window to front, radiator, built in storage with hanging, shelving and storage above.

Bathroom: 1.92 x 1.74 (6' 3" x 5' 8") Three piece suite comprising panelled bath with mixer tap and shower attachment, low level flush W.C. pedestal wash hand basin, part tiling to walls, extractor fan, heated towel rail.

Outside: To the rear of the property there is communal shared parking for residents only plus you are entitled to a parking permit for the Dutch Quarter area. There is an enclosed communal drying area.

LEASE INFORMATION:

Length of Lease: 99 years remaining

Maintenance charge: £780.00 P.A.

Ground rent: £10.00 P.A.

Rental: The property is currently let on an assured shorthold tenancy until 16th March 2022 at a rent of £540.00 PCM, and therefore will be suitable for landlord buyers only. Rent guarantee may be available when using Gallant Richardson as the managing agent.

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.