1 bed flat for sale

Quayside Drive, Colchester CO2

Summary
No onward chain. A one-bedroom apartment with balcony and allocated parking, ideally positioned close to Hythe Station, local amenities and the University of Essex, making it suitable for commuters and investors alike.

Description
Offered for sale with no onward chain, this one-bedroom apartment is situated on the popular Quayside Drive development, providing convenient access to a range of local amenities and transport links.
The accommodation comprises an entrance hall, double bedroom, bathroom, and an open-plan living room and kitchen. The living area benefits from access to a balcony, providing an outdoor seating space.
Further benefits include an allocated parking space.
Quayside Drive is positioned to the east of Colchester, offering excellent access to the town centre, Hythe railway station with links to London Liverpool Street, and the A120/A12 for road commuters. The property is also within close proximity to the University of Essex, supermarkets, retail facilities, restaurants and riverside walks, making it an attractive purchase for both owner-occupiers and investors.

Agents Notes
Please be aware that we require id and proof of address from all buyers prior to formally processing any accepted offers. An aml fee of £80 (including vat) is also payable at this stage and covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall

Bathroom 6' 4" x 6' 6" ( 1.93m x 1.98m )

Bedroom 8' 11" x 12' ( 2.72m x 3.66m )

Kitchen / Living Room 10' x 18' 8" ( 3.05m x 5.69m )

Balcony

We currently hold lease details as displayed above, 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.