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Caelum Drive, Colchester

PROPERTY TYPE

Ground Flat

BEDROOMS

2

BATHROOMS

2

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • INVESTMENT PROPERTY
  • RECENTLY REFURBISHED
  • TWO DOUBLE BEDROOMS
  • RENT OF £1200PCM
  • OPEN PLAN LIVING ROOM/KITCHEN
  • EN SUITE TO MASTER
  • PATIO TERRACE
  • CARPORT PARKING
  • GROUND FLOOR APARTMENT
  • CLOSE TO UNIVERSITY

Description

OVERVIEW *** GUIDE PRICE OF £170,000 - £180,000 ***
** INVESTMENT ONLY **

A recently refurbished two bedroom ground floor apartment situated within easy reach of the University of Essex and Hythe Railway Station. You will find two bathrooms, two outside patios and an open plan living area. The property is currently let for £1200pcm until May 2024 offering a yield of 7.5% - 8.2%. This apartment also benefits from a carport providing allocated parking for one car. 

ENTRANCE HALL With door from communal entrance hall, built in cupboard, doors to: 

OPEN PLAN LIVING ROOM/KITCHEN 20' 4 " x 13 ' 5" (6.2m x 4.09m) Sliding doors to the patio terrace, kitchen: fitted with a range of units and work surfaces with cupboards under. Integrated fridge/freezer and washing machine, built in four ring ceramic hob and electric oven, wall mounted cabinets. 

BEDROOM ONE 11' 11" x 10' (3.63m x 3.05m) Sliding doors to the rear terrace, built in wardrobe. 

ENSUITE Comprising of a double shower cubicle, low level WC, hand basin. 

BEDROOM TWO 11' 1" x 10' 0" (3.38m x 3.05m) Double glazed window to the rear. 

BATHROOM Modern suite comprising of panelled bath with centre taps, hand basin, low level WC, double glazed window to the side. 

AGENTS NOTES Currently let for £1200pcm until May 2024 on a 12 month contract.
Service Charge (£PA) £1,396
Ground Rent (£PA) £300
Leasehold (110 Years)

Council Tax Band - B
EPC rating - D

This property is currently let and managed by Jackson and Co and will continue to be with the new owner. 

Brochures

Brochure 1

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

For details of the leasehold, including the length of lease, annual service charge and ground rent, please contact the agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Caelum Drive, Colchester

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hythe Station0.3 miles
  • Colchester Town Station1.1 miles
  • Colchester Station2.0 miles
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About the agent

John Alexander, Colchester

99 London Road, Colchester, CO3 0NY

John Alexander, Colchester

Established in 2007, John Alexander have developed and grown their privately owned brand over the years to become one of the major providers in the area for sales, lettings and property management. This success has been driven by a team of professional and motivated staff who have a focus and ambition to provide a service which is next to none.

With the recent appointment of Craig Ganderton as Sales Director the need has arisen to expand and relocate to accommodate this growing business

More properties from this agent

Industry affiliations

National Association of Estate AgentsSafe AgentOmbudsman for REsale Estate Agents (no OFT logo)

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Disclaimer - Property reference 103646010979. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by John Alexander, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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