1 Bed Apartment For Sale

For sale by auction on 06/12/2023 at Live Broadcast Auction

Lot Number 8

42 Cleveland Close
Highwoods
Colchester
Essex
CO49RS

Guide Price:
£70,000 - £90,000

The Highwoods development was built in the 1980's and enjoys a lovely wooded environment and is located just 3 miles northeast of Colchester City Centre. A reliable and professional tenant is currently in occupation, secured under a 12-month Assured Shorthold Tenancy (AST) from August 2023, providing a stable and immediate return on investment. Situated conveniently near local facilities, supermarkets, and bus services, and with easy access to the main A12, this property offers both comfort and convenience. The well-appointed accommodation encompasses a cosy living area, a dedicated bedroom zone, a fitted kitchen, and a modern bathroom. Electric heating ensures efficiency, while the property also includes communal parking and access to a shared garden.

Tenure: Leasehold - 195 years from 1982

EPC: D

Tenancy: AST from August 23'

Current Yield: £650 pcm / £7,800 pa

HIGHWOODS AREA
1980'S BUILD
TENANT OCCUPIED
12-MONTH AST
NEAR AMENITIES
MODERN FACILITIES
COMMUNAL PARKING

Open viewings have been arranged for:

Sat 25 Nov 11:00 - 12:00

(10 Minute viewing slots
MUST be pre-booked)

Vendors Solicitors
Mrs Sonia Fransener
PCS Legal
Suites 25-33
Central House,
265 High Street,
Ongar,
CM5 9AA