Guide price
£149,000
1 bed flat for saleEld Lane, Colchester CO1
1 bed
1 bath
1 reception
About this property
Excellent Investment Or First Time Purchase
Superb City Centre Location, Within Striking Distance Of Station
No Onward Chain
Investment Opportunity
Well Presented Throughout
Low Maintenance Throughout
Open Plan Living Area/Kitchen/Dining Area
Modern Building Conversion
Well Maintained Communal Area & Bin Storage
Accommodation comprises of one double bedroom with a large inset storage cupboard, there is also a large fully tiled shower room completing the ground floor. The apartment has been well maintained throughout and is being sold with a tenant in place, making it particularly well suited to investors, while also appealing to first-time buyers and working professionals. Ideally positioned within close proximity to a wide range of shops, restaurants, and local amenities, the property also benefits from excellent transport links, including fast rail services to London Liverpool Street. Please speak to the agent for further information regarding the tenancy.
Hallway
12' 5" x 4' 11" (3.78m x 1.50m)
Shower Room
8' 0" x 7' 4" (2.44m x 2.24m)
Bedroom
17' 6" x 8' 3" (5.33m x 2.51m)
Kitchen
9' 2" x 7' 0" (2.79m x 2.13m)
Living Room/Dining Area
13' 8" x 12' 4" (4.17m x 3.76m)
Agents Notes & Lease Information
We have been advised by the seller that there is 141 years remaining with a service charge of approximately £1500 per annum and a ground rent of £250 per annum. We have also been informed there is a separate buildings insurance charge of £400 Per Annum. We do however advise that all buyers are to clarify this with there solicitor.
Mortgage calculator
£745 per month
70+ lenders and 10,000+ products
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 (141 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review



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