De Grey Road, Colchester, Essex, CO4 5TZ

* INVESTMENT OPPORTUNITY * A good size second floor apartment currently let on an AST to longstanding tenants achieving an approximate yield of 7% PA, with open plan living room/kitchen, modern bathroom, two double bedrooms, allocated parking, close to the Northern Gateway.

The property has an 'L' shaped entrance hall with two storage cupboards.

The open plan living room / kitchen, with the lounge area having double doors to a Juliet balcony. The kitchen is fitted with a range of units and work surfaces, built-in four ring electric hob, electric oven with extractor fan over, integrated fridge freezer, dishwasher, plumbing for washing machine, sink with mixer taps and wall-mounted cabinets.

Bedroom one is a double room and has a double glazed window to the front. Bedroom two is also a good size and has double glazed French doors to a Juliet balcony.

The bathroom is fitted with a three piece suite in white comprising a panel bath with mixer taps and shower attachment, WC and wash hand basin with mixer taps.

Outside
We are advised there is an allocated parking space.

Important Information

Council Tax Band – B EPC rating – C
Services – We understand that mains water, drainage and electricity are connected to the property.
Tenure – Leasehold
Lease details – The property is held on a 150 year lease with approximately 146 years remaining. The service charge is £75 per month and the ground rent is £300 per year these charges are for the current year and maybe subject to change, all information should be checked by your solicitor.
Lease details – Lease is 125 years from 2008 with 108 years remaining. The service charge is to be confirmed. All information should be checked by your solicitor.
Our ref – COL240710