*Guide Price £150,000 - £160,000* Offered to the market with the added benefit of no onward chain is the deceptively spacious two bedroom ground floor apartment, situated a shot walk to Colchester's vibrant and historic city centre and therefore within moments of an array of useful shops, amenities and transport links. Presenting itself as the ideal first time purchase or investment, highlights include; a large reception room with dual aspect windows, two well-proportioned bedrooms, tiled bathroom suite and a well-equipped kitchen with an array of integrated appliances. The apartment also comes complete with parking, in a communal parking area to the rear of the property.This property is offered on a leasehold basis, 125 years from 1 April 2003 and therefore approximately 103 years remain. A ground rent is payable at £200.00p per annum and the annual service charge is payable at £2232.54p per annum, paid in two, six monthly instalments. We advise all interested parties to confirm the associated service charge and ground rent with a consultant at the stages of negotiation and again at an early stage of their conveyance, to prevent any discrepancy.Viewings are welcomed and can be arranged via one of our consultants without delay.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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