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Wimpole Road, Colchester , Colchester, CO1

Key features

  • Residents Shared Parking Area
  • Close To Colchester's Vibrant & City Centre
  • Presenting Itself As An Ideal First Time Purchase Or Investment Opportunity
  • A Prime Example Of A Studio Basement Apartment
  • Well Equipped Kitchen
  • A Studio Apartment Set Within A Conversion Of A Period Building
  • Viewings Advised
  • Bathroom Suite

Description

Welcoming first time buyers and investors alike, this studio apartment is situated within 'Recreation House', in the heart of Colchester's historic and colourful city centre and therefore within a stone's throw of a range of useful amenities, shops, restaurants, bars and transport links.

Old Heath Recreation Ground is directly opposite, offering a scenic outlook. Forming part of a charming conversion, the property retains character with high ceilings and period features.

Internally, the accommodation comprises a spacious open-plan living, sleeping and dining area, a separate fitted kitchen with space for appliances, and a separate bathroom suite. A shared parking area is also available for the exclusive use of residents. Internal viewings are highly recommended and can be arranged without delay through one of our consultants.

The property is leasehold with 68 years remaining on the lease. The annual ground rent is £100.00, which is reviewed yearly. The annual service charge is £1,341.52, and this is also reviewed annually. There is a £130 charge for subletting the property. In addition, the annual buildings insurance premium is £462.26. We do however advise that all buyers are to clarify this information with their solicitor.

Living Area/Bedroom/Dining Area

16' 4" x 12' 2" (4.98m x 3.71m)

Kitchen

8' 2" x 6' 6" (2.49m x 1.98m)

Bathroom

7' 6" x 6' 2" (2.29m x 1.88m)

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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Wimpole Road, Colchester , Colchester, CO1

Approximate location

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Affordability

Monthly repayments£397
Property: £ 79,000
Deposit: £ 7,900
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Michaels Property Consultants Ltd, Colchester

Rebow House 62 Head Street Colchester CO1 1PB

A Fresh Approach To Buying & Selling Property.

At Michaels Property Consultants we pride ourselves in being different. We don't practice as stereotypical estate agents: talking at people and hard selling.

We listen to our clients. Every customer is different, they have their own needs and timescales and we are dedicated to putting these first. With over 30 years combined experience in property, we have developed extensive knowledge of the local area and we are able to give our customers genuine, professional advice at all times, whether they're buying or selling.

We provide advice on what people really want to know, whether it be regarding schools, local amenities or even where to eat. We also offer a private service to investment buyers, assisting them in making the best decisions in building their portfolios.

Michaels understand that a person's home is more than likely to be their biggest financial asset, so we use the highest quality of marketing to ensure that we achieve the best price possible.

We strive to provide people with a customer service beyond their expectations and we are so confident in delivering this that if you are marketing your home with us and not satisfied, we ask for just 14 days written notice at any given time.

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Disclaimer - Property reference 30585403. 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 Michaels Property Consultants Ltd, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.