1 Bed Flat For Sale

We are pleased to bring to the market this fantasticly positioned one bedroom penthouse apartment in the Myland area of Colchester. The property is an ideal investment opportunity with a 7.2% yield however also suitable for first time buyers.

This spacious one bedroom penthouse apartment is in excellent condition throughout; ideal for anyone commuting to London, and a short distance away to Colchester's City centre, A12, Colchester general hospital and Northern Gateway.

The property is situated close to the Northern Gateway. This is a new development which will feature a multi-screen cinema, as well as numerous restaurants, bars and a large chain hotel. It will also include two drive-thru eateries, a bowling alley, an indoor mini golf centre, climbing walls and a landscaped plaza.

There is also nearby a brand new multi-use sports centre which includes indoor fitness gym, a one mile cycle loop and is the new home of Colchester Rugby Club. Also within close proximity are David Lloyd Sports club, Colchester United Football Stadium, Camulos Academy and the brand new Trinity Secondary School opening in September 2023
 

ENTRANCE HALL With storage cupboards.
 

SPACIOUS LIVING ROOM WITH OPEN PLAN KITCHEN Incorporating integrated washer/dryer, fridge/freezer, ceramic hob and electric oven.
 

LARGE DOUBLE BEDROOM  

BATHROOM Contemporary style three piece suite with shower.
 

CARPORT  

ADDITIONAL INFORMATION Council tax band : B.

Local authority : Colchester City Council.

Energy rating : C.

Our seller advises us of the following:-

Lease remaining : 108 years.

Ground rent : £250.00.

Service charge : £1,440.00.
 

LEASEHOLD PROPERTIES Ground rents, service/maintenance charges and lease duration for leasehold properties may fluctuate. Precise figures and lease duration must be obtained from the sellers legal representative.