1 bedroom Maisonette
Military Road, Colchester
£80,000
** GUIDE PRICE £80,000 - £100,000 ** Step onto the property ladder or expand your portfolio with this well-presented one-bedroom ground floor maisonette, perfectly positioned close to Colchester’s vibrant city centre and mainline train station.
Ground Floor Maisonette
Designed with modern living in mind, the property features a bright and spacious open-plan kitchen, lounge and dining area—ideal for relaxing or entertaining. A generous double bedroom provides a peaceful retreat, while the well-appointed bathroom completes the internal accommodation.
Outside, residents benefit from communal parking, adding further practicality to this superb home. Whether you’re a first-time buyer looking for your first step onto the property ladder or an investor searching for a strong addition to your portfolio, this maisonette ticks all the right boxes thanks to its sought-after location and low-maintenance lifestyle.
Properties in this location are always in demand, and we don’t expect this one to be available for long. To truly appreciate everything this fantastic maisonette has to offer, arrange your viewing today—don’t delay, call haart today!
Property Reference: HRT008718588
Entrance Door To
Kitchen/Lounge/Diner
Inner Hallway
Bedroom
Bathroom
Agents Note
Tenure: Leasehold Length Of Lease: 64 Years Ground Rent: £50 per annum Service Charge: Approximately £1500 per annum
Agents Note
The current vendor has already approached the freeholder regarding a lease extension, and a formal quotation has been obtained. The cost to extend the lease by an additional 90 years, increasing the remaining term to approximately 154 years, is £14,000, plus estimated legal fees of around £2,000. Even after factoring in the cost of the lease extension, the property is projected to deliver a net rental yield in excess of 8.5%, making this an outstanding investment opportunity with excellent long-term potential.
DISCLAIMER
haart also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio, please call the Lettings Branch Manager on the above number.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Photos in this listing may be digitally enhanced or altered for illustrative or marketing purposes. Where applicable, furniture, decoration, landscaping or other features shown may not reflect the property in its current form. Please refer to the description and ask the agent to confirm the current condition and features before relying on any image.
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