2 Bed Flat For Sale Caelum Drive, Colchester, CO2

£160,000- Flat

1 of 15
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Last Updated: 22nd April 2024

Description

OVERVIEW ***INVESTMENT ONLY*** We are delighted offer this two bedroom first floor apartment with tenants in situation until September 2024 paying £1200pcm giving an annual yield of 8%. 

COMMUNAL ENTRANCE HALL Stairs and lift to the fourth floor. 

ENTRANCE HALL Electric heater, entry phone system, airing cupboard. 

BATHROOM White suite comprising of panelled bath with mixer taps and shower attachment, wash basin, low level WC, heated towel rail, down lighters to ceiling, extractor fan. 

BEDROOM ONE Double glazed windows to front and rear, built in mirrored sliding wardrobes. 

EN-SUITE SHOWER ROOM Double shower, wash basin, low level WC, heated towel rail, down lighters to ceiling, extractor fan. 

BEDROOM TWO Double glazed window to rear, electric heater. 

OPEN PLAN LOUNGE/DINER/KITCHEN  

LOUNGE/DINER; Double glazed window to side, double glazed French doors to leading onto balcony which over looks the river Colne. 

KITCHEN AREA; Stainless steel one and a half bowl single drainer sink unit with cupboards under, matching base and eye level cupboards, roll top work surfaces, built in oven, hob and chimney style extractor fan, fridge freezer, dishwasher, washing machine, down lighters to ceiling, double glazed windows to front. 
Agent Details
John Alexander
99 London Road, Colchester, CO3 0NY

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested