A modern one bedroom ground floor apartment situated on the popular Highwoods Development currently let achieving £880 PCM, affording gross annual yield of approximately 7.28%, representing an excellent investment purchase.
A modern ground floor one bedroom apartment situated on the popular Highwoods Development close to good transport links and amenities, currently let and achieving a good rent of £880 PCM which represents approximate gross yield of 7.28% per annum, offering itself as an excellent buy to let investment opportunity.
The property’s accommodation comprises of an entrance hall, a good size lounge with kitchen off with built in oven and hob, double bedroom and modern bathroom suite.
Outside
We are advised that the property has an allocated parking space.
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Situated approximately 3 miles to the north of Colchester town centre is this very well presented, unfurnished ground floor flat. Local amenities such as a large Tesco superstore can be found nearby and the A12 dual carriageway is easily accessed. The property also benefits from double glazed windows throughout and an allocated parking space is available.
Entrance hall 1.12mx2.06m
Bedroom one 3.28mx2.92m
Lounge 3.35mx3.96m
Kitchen 3.35mx2.2m
Range of kitchen units and roll edge surface with an inset sink, washing machine, electric oven, hob and extractor.
Bathroom 2.08mx2.03m
Close coupled WC, wall mounted wash hand basin and a panelled bath with a shower above.
Letting information
The rent is exclusive of utilities and council tax.
Minimum term: 12 months
Deposit: £663.46 *or* a deposit replacement product, please enquire for details
Availability: 17th December 2019
No Pets
Non Smokers
Holding deposit
Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent. Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly. Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards the first month's rental payment.
Important Information
Council Tax Band – A
Services – We understand that mains water, drainage and electricity are connected to the property.
Tenure – Freehold
EPC Rating –
Ref – TOL260230/PC
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A modern one bedroom ground floor apartment situated on the popular Highwoods Development currently let achieving £880 PCM, affording gross annual yield of approximately 7.28%, representing an excellent investment purchase.