Regent Street, Rowhedge, Colchester... 1 bed apartment for sale

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Regent Street, Rowhedge, Colchester... 1 bed apartment for sale

Regent Street, Rowhedge, Colchester, Essex, CO5
£500,000

Our Summary

  • An investment opportunity in a waterside village comprising of four x 1 bedroom apartments with parking
  • Rare investment opportunity - Four x 1 bedroom apartments

Description

This investment opportunity in Rowhedge village offers four 1-bedroom apartments with parking, with three currently let on Assured Shorthold Tenancies. Apartments 1 and 2 are currently occupied and have a combined rent of £1,450 per month, while Apartment 3 is vacant. Apartment 4 is also occupied, with a rent of £700 per month. The apartments are in reasonable condition and each has one parking space. The village is situated near the river and opposite a Co-Operative foodstore, with Colchester city centre a short drive away. The properties are freehold and have a Council Tax Band of A. The EPC ratings vary, with two apartments rated D and two rated E. The apartments benefit from mains water, drainage, and electricity connections.