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REF: COS260099

Sheepen Place, Colchester

CO3

Asking Price

£130,000

Colchester Branch

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At a glance…

  • Attractive investment opportunity with a strong 8.7% yield
  • One bedroom first floor flat offered with tenant in situ
  • Bright living room with doors opening onto a Juliet balcony
  • Well-arranged kitchen providing practical everyday space
  • Generous bedroom featuring a built-in wardrobe
  • Convenient first floor position with practical features throughout
  • Service Charge: £1583.37
  • Lease Length: 81 years
1 Bed | 1 Bath | Flat / Apartment | First Floor | Leasehold | Council Tax Band B | EPC B | Ref: COS260099
1 Bed
1 Bath
Flat / Apartment
First Floor
Leasehold
Council Tax Band B
EPC B

This well-presented one bedroom first floor flat is offered with a tenant in situ, generating an attractive 8.7% yield, making it an ideal opportunity for investors seeking an immediate rental income.

The property is accessed via an entrance hall, which benefits from a useful airing cupboard as well as an additional storage cupboard, providing excellent practical storage space.

The living room is bright and inviting, featuring doors opening onto a Juliet balcony, allowing plenty of natural light to fill the space while adding an attractive feature to the main living area. The kitchen is well arranged and provides a practical space for everyday use.

The bedroom is well proportioned and benefits from a built-in wardrobe, maximising storage and functionality. The accommodation is completed by the bathroom.

Overall, the property provides a well-balanced layout with practical features throughout, all within a convenient first floor position. As the property is being sold with a tenant in situ, it is available to investors.

At a glance…

  • Attractive investment opportunity with a strong 8.7% yield
  • One bedroom first floor flat offered with tenant in situ
  • Bright living room with doors opening onto a Juliet balcony
  • Well-arranged kitchen providing practical everyday space
  • Generous bedroom featuring a built-in wardrobe
  • Convenient first floor position with practical features throughout
  • Service Charge: £1583.37
  • Lease Length: 81 years
Schools, Transport etc Schools
Utilities, Rights & Restrictions Utilities
Street View Street
Utility suppliers
Broadband Ask Agent
Telephone Ask Agent
Electricity Ask Agent
Gas No
Water Ask Agent
Sewerage Ask Agent
Heating Ask Agent
Main Heating Ask Agent
Accessibility
Unsuitable for wheelchairs Ask Agent
Level access Ask Agent
Lift access Ask Agent
Ramped access Ask Agent
Wetroom Ask Agent
Wide doorways Ask Agent
Step free access Ask Agent
Level access shower Ask Agent
Lateral living Ask Agent
Rights & Restrictions
Listed No
Are there any restrictions with the property? No
Any easements, servitudes or wayleaves? No
Public Rights of Way No
Flood & Erosion Risk
Flooded in last 5 years Ask Agent
Source of flood Ask Agent

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This Stamp Duty Land Tax calculator provides an indicative estimate only and does not constitute formal advice. It is based on current HMRC rates and rules and assumes a standard residential property purchase in England or Northern Ireland. Stamp Duty Land Tax rules can change at any time. It does not account for all possible reliefs, exemptions, or special circumstances. You should always confirm the result with HMRC or a qualified solicitor before making a property purchase. This tool is for informational purposes only and does not constitute legal or financial advice.

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