£165,000
2 bed flat for saleShip Wharf, Colchester CO2
2 beds
2 baths
1 reception
EPC Rating: D
- Leasehold
Keystones Property
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About this property
Current tenant paying £1300PCM - 9.4% rental yield based on asking price
Two double bedrooms
Being sold with current tenant in place
Ground floor apartment with privatre terrace overlooking thr river colne
Kitchen with integrated appliances
112 years remaining on the lease
Short walk from the university
En-suite shower with body jets & i-control
Current tenant paying £1300PCM - 9.4% rental yield based on asking price!
This ground floor apartment at Ship Wharf offers an affordable entry into the property market, with a current tenant providing a 9.4% rental yield based on the asking price. The property features two double bedrooms, including an en-suite shower with body keys and i-control, ensuring comfort and convenience for its residents. The private terrace offers a view of the River Colne, making it ideal for those who appreciate outdoor space.
The apartment comes with a kitchen fitted with integrated appliances, catering to modern living needs. With 112 years remaining on the lease, it offers long-term security for potential buyers. Its location is particularly appealing for students or university staff, being just a short walk from the University of Essex.
Colchester's vibrant community and historic charm make it a desirable area for both living and investing. With the property being sold with the current tenant in place, it presents an immediate income opportunity. Don't miss out on this chance to own an affordable piece of Colchester's riverside living; enquire today!
Disclaimer
Keystones Property also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
Disclaimer: Information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose
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More information
Tenure
Leasehold (112 years)
Service charge
£1,440 per year
Council tax band
TBC
Ground rent
£350
Ground rent date of next review