2 bedroom Apartment
Kensington Road, Colchester
£190,000
Alternatively you can call us on 01206 542288 or visit our Colchester FTB Estate Agentsbranch
** INVESTMENT OPPORTUNITY ** haart are very excited to bring to market this exceptional two bedroom, ground floor apartment located in the Abbey Fields area of Colchester with NO CHAIN being sold with tenant in situ.
Investment Opportunity
The property must be seen to truly be appreciated as it is presented beautifully throughout and encompasses a comfortable atmosphere with each room benefitting from plenty of ambient light.
The accommodation itself is comprised of a modern open plan lounge/kitchen with multiple integrated appliances on offer. A fantastic benefit to this home is that it boasts two large double bedrooms with a lovely, pristine en-suite to master also included. There is also a family bathroom located within the apartment offering bath and shower capabilities. Externally, there are two allocated parking spaces.
This stunning apartment is being offered to the market as an investment only opportunity only and would return approximately 6.5% annual yield return of based on the current rental income and yearly expenditure.
Property Reference: HRT008718656
Agents Note
We have been informed of the following: Tenure: Leasehold Property. Years remaining on lease: 110 years Ground Rent: £330 Annually Service Charge: £2352 Annually. Council Tax Band: B
About Colchester
Historic Colchester is proud of its ancient Roman history and is now home to a population of over 177,000 and the British Army’s 16 Air Assault Brigade.
It has a high employment rate, a thriving local economy, a great shopping scene and vibrant nightlife, and is just 42 minutes by train from London. Around 79 per cent of people say they feel satisfied with the local area as a place to live, according to a Colchester Borough Council survey.
There’s something for everyone in this ever-popular town. The kids will love exploring the Castle Museum as well as Colchester Zoo. Tollgate, to the west of the town, is great for shopping, and you can get around the area so easily, thanks to the A12 which runs past the town. The surrounding villages, such as historic Coggeshall, are very pretty and have great pubs and cafés.
£321,357
Average price paid in Colchester
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