£175,000
2 bed flat for salePropelair Way, Colchester CO4
2 beds
2 baths
EPC Rating: C
- Leasehold
Belvoir - Colchester
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About this property
Juliet Balcony
Allocated park space
Modern Kitchen
En-suite
Fitted wardrobes
This top floor 2 Bedroom flat benefits from slight but stunning views of City Centre from the lounges Juliette balcony. The property itself has 1 double bedroom with en-suite shower room and fitted wardrobes followed by one single bedroom. The living space comprises of a modern kitchen with integrated oven, space for a washing machine and a dish washer and wood laminate flooring which is adjoined to the main carpeted lounge.
This property would be the most ideal to a first time buyer or an investor looking to add to their portfolio.
If this flat was re marketed for lettings we would expect this property to achieve £900 to £950 per calendar month.
There is also one allocated parking space with the Flat.
The current ground rent is £250 and does increase by £100 every 10 years and the current service charge is £1245.80 annually, which will include a reserve fund of £140.16.
The lease has 109 years remaining, which was 125 years from 24/06/2006
EPC rating: C.
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More information
Tenure
Leasehold (106 years)
Service charge
Council tax band
B
Ground rent
£250
Ground rent date of next review