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Capstan Place, Colchester 2 bed apartment for sale
Capstan Place, Colchester
£130,000
Capstan Place, Colchester
£130,000
Our Summary
- EXCELLENT INVESTMENT OPPOURTUNITY - Current tenants paying £900pcm in contract until January 2026, potential to increase the rent to £1,100pcm - £1,200pcm
Description
This excellent investment opportunity is a two-bedroom second-floor apartment located in a quiet cul-de-sac close to the university. The property is currently tenanted until January 2026, with the potential to increase the rent to £1,100-£1,200 per month. The apartment features two double bedrooms, one bathroom, a spacious lounge/diner, and a separate kitchen. It also benefits from one allocated parking space and a secure communal entrance. The property has a total floor area of approximately 750 square feet and is available with a 976-year lease remaining. The service charge is £2,257 per annum and the ground rent is £450 per annum.