Waterside Lane, Colchester, CO2 8HW

Offered for sale CHAIN-FREE, this two-bedroom first-floor apartment presents an excellent opportunity for first-time buyers, investors or those seeking a conveniently located home with well-proportioned accommodation.
The property is accessed via an entrance hallway providing useful built-in storage and access to each of the principal rooms. At the heart of the apartment is a spacious lounge and dining area, offering plenty of flexibility for both relaxing and entertaining. Multiple windows provide natural light, while the adjoining fitted kitchen features a range of wall and base units, work surfaces, an integrated oven and hob, sink and space for additional appliances.
There are two bedrooms, both benefiting from built-in mirrored wardrobes that provide practical storage without compromising the available floor space. The accommodation is completed by a bathroom comprising a panelled bath with shower over, wash hand basin and WC.
While the apartment would benefit from some cosmetic updating, it offers buyers an excellent opportunity to modernise the accommodation to their own taste and create a comfortable home or rental investment.
Externally, the development benefits from communal grounds and allocated parking. The property is conveniently positioned for local shops, everyday amenities and transport connections, with the University of Essex also within easy reach.
With no onward chain, two bedrooms, generous living accommodation and allocated parking, early viewing is recommended to appreciate the potential this apartment has to offer.

Leasehold
132

Yearly Service Charge
£1,960

Yearly Ground Rent
£200
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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.

The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.

The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate. Speak to one of our property specialists about our reservation deposit scheme to find out more.