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1 bedroom apartment for sale
Turner Road, Colchester
£130,000
Turner Road, Colchester
£130,000
Our Summary
- There is also easy access to the A12, and Colchester's historic town centre, as well as local shops, and amenities making it a prime investment opportunity for the buy-to-let market
Description
This one-bedroom apartment is located in a convenient area of Colchester, within walking distance of the North train station and with easy access to the A12 and town centre. The property features a balcony, intercom entry system, lift access, and an assigned parking space, making it a prime investment opportunity for the buy-to-let market. With a potential rental income of £10,800 per year, the apartment is poised to generate an attractive yield. The property is situated in a residential area near the Colchester General Hospital and Colchester Community Stadium, and is available with no ongoing chain. The leasehold property has a 125-year term starting from June 2014, and comes with rising ground rent and service charges, which are £364 and £2,067.96 per annum respectively.