2 Bed Flat For Sale Axial Drive, Colchester, CO4

Located in New Braiswick Park, approximately 2km northwest of Colchester's city centre, this two-bedroom apartment on Axial Drive combines convenience of city proximity with excellent local transportation links. It offers easy access to Colchester North Station and the A12, making it a strategic choice for those traveling to London or exploring Essex or those considering an investment in an area of significant demand.\r
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The apartment spans approximately 538 square feet, featuring an efficient layout that includes two double bedrooms, an open-plan living space, and two bathrooms, one of which is an ensuite to the master bedroom. The entrance hall, carpeted and equipped with a phone entry system, leads to all main rooms, including the airy living room which is directly connected to the kitchen area. This main living space is complemented by a Juliette balcony, adding light and an open feel to the room. The smart kitchen is fitted with cream shaker-style units, a square edge work surface, and includes space for essential appliances.\r
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The first bedroom offers built-in wardrobe space and access to its own balcony through French doors, alongside an ensuite shower room. The second bedroom, also a double, maintains the apartment's standard with a window to the rear and ample space for storage solutions. The main bathroom is half-tiled, featuring a panel bath and those essential fixtures.\r
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Externally, the property benefits from one allocated off-street parking space, adding convenience for residents. The apartment's location in New Braiswick Park is particularly notable for its balance of residential calm and accessibility to local amenities, including retail parks, schools, and leisure facilities in Colchester.\r
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With an EPC rating of C and a council tax band B, the apartment also presents an attractive rental income opportunity, evidenced by a gross annual return of £9,180.\r
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IMPORTANT INFORMATION:\r
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107 years remaining on the lease\r
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Service Charge - £111 per month\r
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Ground Rent - £250 per annum\r
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Rental income - £765 pcm\r
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Location\r
New Braiswick Park, is a highly sought-after village 2km northwest of Colchester. A peaceful, residential oasis, Braiswick offers the village lifestyle but with the benefit of being only striking distance from the buzz of Colchester's city centre. Colchester itself has a wide array of restaurants, bars and eateries, as well as entertainment facilities. Braiswick is well connected with excellent transport links, both road and rail. \r
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This flat is within walking distance of Colchester's North Station (offering direct links to London Liverpool Street station). There are excellent local nurseries, primary schools and high schools. Location here is key, as this home is also within moments of Turner Rise Retail Park & Colchester's city centre.

Council Tax Band: B\r
Tenure: Leasehold\r
Length Of Lease: 107 years remaining \r
Annual Ground Rent Amount: £250.00\r
Annual Service Charge Amount: £1,332.00\r
Service Charge Review Period: £111 per month