Offers over

£100,000

(£232/sq. ft)

1 bed flat for sale
Hunting Gate, Colchester CO1

    • 1 bed

    • 1 bath

    • 431 sq. ft

  • Leasehold

Move Places

Logo of Move Places

About this property

  • Council Tax Band A

  • Tenure Leasehold

  • Offers in excess of £100,000

  • Awaiting Imaging & Floor Plan

  • Ebc tbc

  • Off-Road Parking(Allocated)

  • 88 years left on lease

  • Potential Rent £600 pcm

  • Potential 7.2% Gross Yield pa

Presenting an excellent opportunity for investors, this well-presented one-bedroom flat is offered to the market with offers in excess of £100,000 and is located within a popular residential development. Internal Images to Follow. The property is leasehold with approximately 88 years remaining on the lease, providing peace of mind for prospective purchasers. Internally, the flat features a bright and spacious living area, a well-proportioned double bedroom, a modern fitted kitchen with ample storage and preparation space, and a contemporary bathroom suite. The accommodation is thoughtfully laid out to maximise both comfort and practicality, making it ideal for individuals or couples seeking a low-maintenance home. For those considering buy-to-let investment, the flat offers a potential rental income of £600 per calendar month, representing a strong gross yield of approximately 7.2 percent per annum. The property benefits from allocated off-road parking, ensuring convenience for residents and visitors alike. Situated in Council Tax Band A, the flat provides an economical option for those mindful of ongoing costs. The energy performance certificate is to be confirmed (ebc tbc), and imaging and a floor plan are currently awaited, allowing interested parties to register their early interest. The location offers easy access to a range of local amenities, transport links, and leisure facilities, making it an attractive proposition for a variety of purchasers. The secure entry system and well-maintained communal areas further enhance the appeal of this property. With its combination of affordability, potential rental return, and desirable features, this one-bedroom flat represents a rare opportunity in the current market. Early viewing is highly recommended to fully appreciate the accommodation and the potential it offers. For further information or to arrange a viewing, please contact our office at your earliest convenience.

Nb. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by Director’s of Move Places Ltd.

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: Mp 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: Mp has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.

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More information

  • Tenure

    Leasehold (88 years)

  • Service charge

  • Council tax band

    A

  • Ground rent

    £0

  • Ground rent date of next review

See all recent sales in CO1

Property descriptions and related information displayed on this page are marketing materials provided by - Move Places. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Move Places for full details and further information.