1 bed flat for sale in Glenway Close, Great Horkesley, Colchester CO6, £120,000

120,000.00

Offer Nr.:
65831708
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Reception rooms:
1
Contact name:
Michaels Property Consultants
Phone(s):
01206 684826

* Leasehold
* Open Plan Living Room/Dining Area/Office Space
* Long Lease Remaining
* A Spacious And Well Presented First Floor Apartment
* Nestled In The Popular Village Of Great Horkesley
* Desirable Cul De Sac Position
* Excellent Access To North Station And The A12
* Communal Gardens & Allocated Parking
* Sitting Tenant Paying £700PCM Until May 2024
** Guide Price £120, 000 to £125, 000 ** A superb opportunity for a first time
buyer investor to purchase this spacious first floor apartment with a sitting
tenant, located in the highly sought after village of Great Horkesley. The
village of Great Horkesley has excellent access commuting facilities with
Colchester North Station, the A12 and highly regarded state and independent
schools on the doorstep.
The internal accommodation consists of a spacious lounge/diner or potential
office space, a fitted kitchen, a double bedroom and a family bathroom suite.
Externally, the property comes with communal gardens and parking with further
visitors parking available. Internal viewings are highly advised to fully
appreciate the quality of accommodation on offer. Offered to market with no
onward chain.
First Floor
Living Room
14' 3" x 11' 2" (4. 34m x 3. 40m) With UPVC double glazed window, electric
heater, opening to kitchen, doors to bedroom and hall.
Bedroom One
10' 5" x 8' 10" (3. 17m x 2. 69m) With UPVC double glazed window, electric
heater.
Kitchen
8' 11" x 5' 9" (2. 72m x 1. 75m) With a range of matching eye level and base
units with drawers and worktops over, inset sink and drainer, a range of
kitchen appliances.
Bathroom
With UPVC double glazed window, close coupled WC, wash hand basin, panelled
bath with shower over, part tiled walls
Outside
Communal gardens and parking.
Agents Notes & Lease Information
As agents we have been advised that there is currently 966 years remaining on
the lease with a service charge of approx £1040. 00 per annum and a ground rent
of £426 per annum.
The property does come with a sitting tenant, currently paying £700PCM, with a
gross rental yield of 7% and a net rental yield of 5. 75%.

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