Guide price
£130,000
1 bed flat for saleTurner Road, Colchester CO4
1 bed
1 bath
EPC Rating: B
About this property
One bedroom
Owner occupied
Extended lease
Open plan living
Allocated parking
Zero ground rent/peppercorn ground rent
Close city centre
Walking distance to station
Close to all local amenities
Low EPC and council tax rating
Overview *** guide price £130,000 to £140,000 ***
Zero ground rent and extended lease
This contemporary one-bedroom apartment, featuring an inviting balcony, is perfectly situated near Colchester North Station, General Hospital, and Turner Rise Retail Park, making it a perfect first time buy or investment opportunity for the buy-to-let market.
The complex assures convenience and security with amenities that include an intercom entry system, lift access, dedicated bicycle and refuse storage, and the benefit of an assigned parking space. We approximate that the property would achieve a potential monthly rental of £900pcm.
Location Turner Road is situated in a residential area that is also home to the Northern Gateway and Turner Rise retail parks, Colchester General Hospital and the Colchester Community Stadium (also known as JobServe Community Stadium), where the local football team, Colchester United fc, plays their home games. The Colchester Mainline Railway Station is just a short walk away offering direct links to London Liverpool Street in Approx. 50 minutes.
Entrance hall
open plan living room 16' 1" x 11' 11" (4.9m x 3.63m)
balcony
kitchen 8' 9" x 7' 3" (2.67m x 2.21m)
bedroom 11' 6" x 10' 9" (3.51m x 3.28m)
bathroom 7' 0" x 5' 7" (2.13m x 1.7m)
agents notes 202 year lease remaining - Extended recently 215 years from 2013
Service Charges: £2,067.96 per annum
Ground Rent: Peppercorn £0 per annum
Mortgage calculator
£650 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (202 years)
Service charge
£2,068 per year
Council tax band
B
Ground rent
Ground rent date of next review



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