Guide price
£120,000
1 bed flat for saleVictoria Chase, Colchester CO1
1 bed
1 bath
1 reception
EPC Rating: D
Just added
Leasehold
About this property
Investment opportunity
Allocated off road parking
Let on AST yielding 8%
Walking distance of Colchester town centre and local amenities
Train station close by
Juliette balcony
Communal gardens
Long lease
Gas central heating
Secure entry system
An excellent Investment opportunity is this modern one bedroom second floor apartment, let on an AST at £800 per month giving a yield of 8% return, situated in a superb position close proximity of Colchester town centre, North Station railway and the Colchester Institute.
Description
An excellent Investment opportunity is this modern one bedroom second floor apartment, situated within close proximity of Colchester town centre, North Station railway and the Colchester Institute, let on an AST at £800 per month giving a yield of 8% return. The property is entered via a secure entry system into a communal hall which in tern gives access to the apartment, there is a fitted modern kitchen, bathroom with three piece suite, sitting room with Juliette balcony and a bedroom. The property benefits from gas central heating and double glazing.
Entrance Hall
Built in cupboard and radiator.
Living Room (4.01m x 2.82m (13'2 x 9'3))
Window to side and French doors with Juliet balcony to front. Bult in cupboard and radiator.
Kitchen (2.46m x 2.13m (8'1 x 7))
Window to side, fitted units incorporating stainless sink unit and single drainer, cupboards under, adjacent work tops with drawers under, Built in four ring gas hob and oven under, plumbing for washing machine, range of eye level units wall cupboard and gas fired boiler.
Bedroom (3.20m x 2.41m (10'6 x 7'11))
Window to front, built in wardrobe and radiator.
Bathroom
Panelled bath and shower attachment, low level wc, wash hand basin, xpelair and radiator.
Outside And Gardens
The property benefits from one allocated parking space and well maintained communal gardens and area.
Services
We understand mains gas, electric, water and drainage are connected.
Tenure: Leasehold
Ground Rent: £50 per annum
Service Charge: £1080
EPC rating: D
Council Tax: Band A
Council: Colchester City Council
Description
An excellent Investment opportunity is this modern one bedroom second floor apartment, situated within close proximity of Colchester town centre, North Station railway and the Colchester Institute, let on an AST at £800 per month giving a yield of 8% return. The property is entered via a secure entry system into a communal hall which in tern gives access to the apartment, there is a fitted modern kitchen, bathroom with three piece suite, sitting room with Juliette balcony and a bedroom. The property benefits from gas central heating and double glazing.
Entrance Hall
Built in cupboard and radiator.
Living Room (4.01m x 2.82m (13'2 x 9'3))
Window to side and French doors with Juliet balcony to front. Bult in cupboard and radiator.
Kitchen (2.46m x 2.13m (8'1 x 7))
Window to side, fitted units incorporating stainless sink unit and single drainer, cupboards under, adjacent work tops with drawers under, Built in four ring gas hob and oven under, plumbing for washing machine, range of eye level units wall cupboard and gas fired boiler.
Bedroom (3.20m x 2.41m (10'6 x 7'11))
Window to front, built in wardrobe and radiator.
Bathroom
Panelled bath and shower attachment, low level wc, wash hand basin, xpelair and radiator.
Outside And Gardens
The property benefits from one allocated parking space and well maintained communal gardens and area.
Services
We understand mains gas, electric, water and drainage are connected.
Tenure: Leasehold
Ground Rent: £50 per annum
Service Charge: £1080
EPC rating: D
Council Tax: Band A
Council: Colchester City Council
More information
Tenure
Leasehold (964 years)
Service charge
£1,080 per year
Council tax band
A
Ground rent
£50
Ground rent date of next review