Caelum Drive, COLCHESTER, Essex, CO2 8FN Asking Price Of £150,000

OVERVIEW **INVESTMENT OPPORTUNITY**

Located in the popular Hythe area within easy access to Essex University and The Hythe railway station accessing London Liverpool Street, is this one double bedroom contemporary style second floor apartment. The property is currently let for £825 pcm giving a gross annual yield of 6.6%.

ENTRANCE HALL Electric heater and airing cupboard.

OPEN PLAN LIVING AREA 25' x 10' 9" (7.62m x 3.28m) A bright and airy open plan space with comprising of;

Lounge Area - Double glazed patio door leading onto balcony and two electric heaters.

kitchen Area - A contemporary style modern fitted kitchen comprising of roll top work surfaces inset stainless steel sink and drainer unit, a range of matching eye and base levels, built in oven, hob and extractor fan. Integrated appliances including; fridge/freezer,plumbing for washing machine, part tiled walls and down lighters to ceiling.

BEDROOM ONE 13' 10" x 9' (4.22m x 2.74m) Double glazed window to side, electric heater and built in mirrored sliding wardrobe.

FAMILY BATHROOM A white suite comprising of a panel bath, low level W.C., pedestal wash hand basin, part tiled walls.

OUTSIDE The property features allocated parking and a balcony.

AGENTS NOTES This property is currently let through Jackson and Co and will continue to be with the new purchaser.
Service Charge (£PA) £1,600
Ground Rent (£PA) £250
Lease Remaining 110 years
Council tax - B
EPC - B


FEATURES

  • NO ONWARD CHAIN
  • INVESTMENT OPPORTUNITY
  • FAMILY BATHROOM
  • FULLY FITTED MODERN KITCHEN
  • HYTHE LOCATION
  • BALCONY
  • 6.6 GROSS YIELD
  • TENANT IN SITU
  • EASY ACCESS TO ESSEX UNIVERSITY
  • CLOSE TO STATION

EPC RATINGS Click to enlarge