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1 bedroom apartment for sale
Oak House, 25 St. Peters Street CO1
£170,000
Oak House, 25 St. Peters Street CO1
£170,000
Our Summary
- This is an excellent investment opportunity with a tenant currently in situ and a monthly rental income of £950 pcm being achieve with a yield of over 6%
Description
This spacious, modern first-floor apartment is located in Colchester's historic city centre, offering an excellent investment opportunity with a tenant currently in situ and a monthly rental income of £950. The property is well-maintained and modern throughout, with a location close to rail links, transport routes, and amenities. With a 120-year lease, ground rent of £300 per annum, and service charge of £1,284 per annum, this property is a great option for investors. Viewings are available immediately, and the property is offered with no onward chain.