Keller Williams UK
3 bed Flat Sold

Wheeler Close, Colchester, Essex

£170,000 Guide Price

Property Description

  • Guide Price - £170,000 - £180,000 Renovated in 2020 Investment Opportunity Currently Achieving £1250PCM Short Walk to University of Essex

*** Guide Price £170,000 - £180,000 ***

Renovated in 2020, this three bedroom apartment is being sold as a excellent investment opportunity. Currently achieving £1250PCM and tenants found for the next academic year. Just a short walk from the University of Essex this apartment offers, three double bedrooms, shower room, WC social area and kitchen. Offering an 8.5% yield at the middle of the guide price this is an excellent addition to any investors portfolio.

Leasehold Information

Number of years remaining on the lease: 107 years

Current ground rent and any review period:
- £100 per year
- 107 years

Current service charge and any review period:
- £600 per year
- 107 years

Council tax band: A

Entrance Hall
Entrance Hall

Social Area
14'1 x 7'2 (4.29m x 2.20m)

Kitchen
9'9" x 8'10" (2.96m x 2.7m)

Bedroom One
12'8 x 12'2 (3.85m x 3.70m) Max

Bedroom Two
14'1" x 7'10" (4.30m x 2.39m)

Bedroom Three
12'7" x 9'10" (3.82m x 2.99m)

Shower Room
Bathroom

WC
Bathroom

To discuss this property please contact Simon Callaway on: