Quayside Drive, Colchester, CO2
£190,000
Guide price
Guide price
Bedrooms: 3
SUMMARY
TURN KEY INVESTMENT OPPORTUNITY - YIELDING 8.5% PCM**
DESCRIPTION
TURN KEY INVESTMENT OPPORTUNITY - YIELDING 8.5% pa
HISTORY OF 9 YEARS CONSISTENT INCOME - AVERAGING £1350 pa - TENANTS IN SITU
With a comprehensive history of recent upgrades including redecorated bedrooms, new carpets and a new boiler this flat is ready for immediate ownership.
Comprising entrance hall, bathroom, three bedrooms, en-suite to master, kitchen/lounge and balcony. Allocated parking.
An opportunity not to be missed, a chance to accquire a property with a proven track record of consistent income, situated in an area perfect for professionals or students.
CURRENT TENANTS IN SITU UNTIL SEPTEMBER 2025. Council Tax Band: C Tenure: Leasehold Current Annual Ground Rent (£): 244.00 Ground Rent Review Period (Years): Not currently available, please contact the branch Ground Rent Increase (%): Not currently available, please contact the branch Current Annual Service Charge (£): 2900.00 Date of Next Service Charge Review: Not currently available, please contact the branch Number of Years Left on Lease: Not currently available, please contact the branch
Entrance Hall
Bathroom
Bedroom One 9' x 8' ( 2.74m x 2.44m )
En-Suite
Bedroom Two 8' x 11' ( 2.44m x 3.35m )
Bedroom Three 8' x 10' ( 2.44m x 3.05m )
Lounge / Kitchen 11' 3" x 12' 6" ( 3.43m x 3.81m )
This is a Leasehold property with details as follows; Term of Lease 155 years from 01 Apr 2005. Should you require further information please contact the branch. Please Note additional fees could be incurred for items such as Leasehold packs.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
TURN KEY INVESTMENT OPPORTUNITY - YIELDING 8.5% PCM**
DESCRIPTION
TURN KEY INVESTMENT OPPORTUNITY - YIELDING 8.5% pa
HISTORY OF 9 YEARS CONSISTENT INCOME - AVERAGING £1350 pa - TENANTS IN SITU
With a comprehensive history of recent upgrades including redecorated bedrooms, new carpets and a new boiler this flat is ready for immediate ownership.
Comprising entrance hall, bathroom, three bedrooms, en-suite to master, kitchen/lounge and balcony. Allocated parking.
An opportunity not to be missed, a chance to accquire a property with a proven track record of consistent income, situated in an area perfect for professionals or students.
CURRENT TENANTS IN SITU UNTIL SEPTEMBER 2025. Council Tax Band: C Tenure: Leasehold Current Annual Ground Rent (£): 244.00 Ground Rent Review Period (Years): Not currently available, please contact the branch Ground Rent Increase (%): Not currently available, please contact the branch Current Annual Service Charge (£): 2900.00 Date of Next Service Charge Review: Not currently available, please contact the branch Number of Years Left on Lease: Not currently available, please contact the branch
Entrance Hall
Bathroom
Bedroom One 9' x 8' ( 2.74m x 2.44m )
En-Suite
Bedroom Two 8' x 11' ( 2.44m x 3.35m )
Bedroom Three 8' x 10' ( 2.44m x 3.05m )
Lounge / Kitchen 11' 3" x 12' 6" ( 3.43m x 3.81m )
This is a Leasehold property with details as follows; Term of Lease 155 years from 01 Apr 2005. Should you require further information please contact the branch. Please Note additional fees could be incurred for items such as Leasehold packs.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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