2 Bed Flat For Sale Lightship Way, Colchester, CO2

£170,000- Flat

1 of 9
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 22nd April 2024

Description

OVERVIEW ***GUIDE PRICE OF £160,000 - £170,000**
** INVESTMENT ONLY **

John Alexander are pleased to present to the market, this two bedroom second floor apartment offering a fantastic investment opportunity. Property benefits include en-suite to master, family bathroom, open plan living and allocated parking. Close to the University of Essex achieving a rent in the region of £1150pcm equating to a yield of 7.4% - 7.8% PA. 

ENTRANCE HALL  

OPEN PLAN LIVING/KITCHEN 23' 9\" x 18' 4\" (7.24m x 5.59m)  

BEDROOM ONE 11' 4\" x 11' 0\" (3.45m x 3.35m)  

ENSUITE  

BEDROOM TWO 12' 7\" x 8' 1\" (3.84m x 2.46m)  

FAMILY BATHROOM  

AGENTS NOTE Service Charge (£PA) £1,788
Ground Rent (£PA) £232
Council Tax Band - C 
Agent Details
John Alexander
99 London Road, Colchester, CO3 0NY

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£220,000
Colchester, CO2
Semi Detached
9.1
£140,000
Colchester, CO4
Flat
8
£140,000
Colchester, CO2
Apartment
7.6
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

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.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested