Sold
- Studio
- 1 Bedroom
- Tenure: Leasehold
Call the team on 01473 558 888 for more information
A tenanted first floor studio flat with a high percentage yield
This first floor studio apartment is situated on the popular Highwoods development on the northern outskirts of town and very convenient for the Tesco superstore and access to the A12 trunk road. The property is let on a 12 month AST from 1st September 2015 with a 2 month landlord only break clause and generates an income of £420 per calendar month. Representing a gross annual return of over 9% of the Guide Price, we believe this to be a first class investment opportunity.
Tenure
Leasehold
Viewing
Open days
Energy Efficiency Rating (EPC)
Current Rating C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Colchester Borough Council. Tel: 01206 282222
Solicitors
Martin Elliott & Co, Audley House, Berechurch Hall Road, Colchester, Essex CO2 9NW, Ref: Natalie Golby, Tel: 01206 767112
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1,200 (£1,000+ VAT), payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Floor Plans
Click the image to view the full-sized floorplan.
