3 bedroom apartment for sale

High Street, Wivenhoe, Colchester, Essex, CO7 9AF

Guide Price* £190,000

Property Description

Key features

  • Leasehold
  • By appointment with the Auctioneers

Full description

Tenure: Leasehold

FOR SALE BY PUBLIC AUCTION Holiday Inn Hotel, London Southend Airport, Southend-on-Sea, Essex SS2 6XG Wednesday 10th July at 2pm

BUY TO LET INVESTMENT: A THREE BEDROOM APARTMENT CLOSE TO THE UNIVERSITY PRODUCING A GROSS ANNUAL INCOME OF £17,940. A 9.4% YIELD OF THE GUIDE PRICE.
An apartment situated in what is considered to be a desirable location within the popular riverfront town of Wivenhoe within 1.3 miles of the Essex University. Wivenhoe also benefits from a mainline railway station which is within 0.4 miles of this apartment. The property comprising of 3 bedrooms, all with with en-suite shower rooms plus open plan kitchen/living area. Each room is individually let producing a a combined monthly rent of £1495. A 9.4% Yield of the guide price.
Open Plan Kitchen/Living room 15'2" x 13'3"
Bedroom One 12'1" x 11'3"
En-Suite Shower Room
Bedroom Two 11'6" x 7'10"
En Suite Shower Room
Bedroom Three 8'1" x 7'2"
En Suite Shower Room
The location and the quality of this apartment makes it ideal for letting to mature students or employees of Essex university.
Room 1- £500 per month
Room 2 £495 per month
Room 3 £500 per month
For further information relating to the ground rent and service charges please refer to the legal pack.
D


Listing History

Added on Rightmove:
19 June 2019

Nearest stations

  • Wivenhoe (0.2 mi)
  • Alresford (Essex) (1.6 mi)
  • Hythe (2.3 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Dedman Gray Auction, Essex

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 311010 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Wivenhoe (0.2 mi)
  • Alresford (Essex) (1.6 mi)
  • Hythe (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Dedman Gray Auction, Essex

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 311010 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 87597. 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 Dedman Gray Auction, Essex. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dedman Gray Auction, Essex on 01702 311010.


Map data OpenStreetMap contributors.