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2 bedroom apartment for sale

Quayside Drive, Colchester

Sold STC £176,500

Property Description

Key features

  • INVESTMENT ONLY
  • TWO BEDROOMS
  • EN-SUITE TO MASTER
  • SEPARATE BATHROOM
  • OPEN PLAN LOUNGE/DINER/KITCHEN
  • UNDERGROUND PARKING
  • RENTED AT 850pcm
  • 6% ANNUAL YIELD
  • CLOSE TO UNIVERSITY
  • NO ONGOING CHAIN

Full description

***INVESTMENT ONLY*** One of three available. A generous size two bedroom third floor apartment which is being sold with tenant in situation currently achieving £850pcm offering an annual yield of approximately 6% until June 2017. There after we would expect to achieve a rent figure in the region of £925pcm extending the yield to 6.4%. This well presented property benefits from under ground parking and is withing close proximity to Essex university and Hythe station.

Communal Entrance Hall - Stairs to second floor.

Personal Entrance Hall - Video entry phone system, built in airing cupboard,laminate flooring, electric heater, storage cupboard.

Bathroom - White suite comprising of paneled bath with mixer taps and shower guard,wash basin and low level WC, electric heater, extractor fan, part tiled to walls, down lighters to ceiling.

Bedroom One - 6.30m x 2.59m (20'8 x 8'6) - Double glazed window to side, electric heater, built in mirrored sliding wardrobes to one wall, down lighters to ceiling, cove and smooth ceiling.

En-Suite Shower Room - Double shower cubicle, wash basin and low level WC, part tiled to walls, down lighters to ceiling and extractor fan.

Bedroom Two - 4.27m x 2.90m (14 x 9'6) - Double glazed window to front, electric heater, built in mirrored sliding double wardrobe, cove and smooth ceiling.

Open Plan Lounge/Diner/Kitchen - 8.08m x 7.72m (26'6 x 25'4) - Lounge/Diner: Double glazed windows and door to corner elevation onto Juliet balcony, laminate flooring, two electric heaters, cove and smooth ceiling.

Fitted Kitchen Area: Stainless steel one and a half bowl single drainer sink unit with cupboards under, matching base and eye level cupboards, roll top work surfaces,built in fridge freezer, oven hob and extractor fan, dishwasher and washer dryer, part tiled to walls, fitted micro wave, down lighters to ceiling.

Outside - There is allocated under ground parking.


More information from this agent

Listing History

Added on Rightmove:
14 November 2016

Map & Street View

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