Offers over
£170,000
1 bed flat for saleOak House, 25 St. Peters Street CO1
1 bed
1 bath
1 reception
EPC Rating: C
- Chain free
- Leasehold
Beresfords - Colchester
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About this property
One bedroom
First floor apartment
No onward chain
Investment opportunity
6%+ yield being achieved
Modern throughout
Located in Colchesters historic city centre is this spacious, modern first floor apartment.
This is an excellent investment opportunity with a tenant currently in situ and a monthly rental income of £950 pcm being achieve with a yield of over 6%.
The property is well maintained and modern throughout and benefits from being located close to rail links, transport routes and amenities.
Viewing is available immediately and the property is offered with no onward chain.
Length of lease 120 years
Ground Rent - £300 P/A
Service Charge - £1,284 P/A
Kitchen / Living / Dining Area (20' 4" x 11' 1")
Bedroom (13' 9" x 11' 2")
Shower Room (7' 3" x 6' 0")
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More information
Tenure
Leasehold (117 years)
Service charge
£1,284 per year
Council tax band
B
Ground rent
£300
Ground rent date of next review