* GREAT INVESTMENT OPPORTUNITY* Set in a waterside village, comprising of four x 1 bedroom apartments with parking. Three of the apartments are currently let on Assured Shorthold Tenancies.
Apartment 1 is currently let on an Assured Shorthold Tenancy at a rent of £750 per calendar month until August 2026.
Apartment 2 is currently let on an Assured Shorthold Tenancy at a rent of £725 per calendar month until 8th June 2026.
Apartment 3 is currently vacant.
Apartment 4 is currently let on an Assured Shorthold Tenancy at £700 per calendar month until the 18th September 2025.
We are currently assessing the renewal options with the current tenants and further information will be available on request.
The apartments are all in reasonable condition.
Outside The apartments each benefit from one parking space.
Location
The apartments are in situated in the popular village of Rowhedge, a short distance from the river and opposite the Co-Operative foodstore.
Colchester city centre is a short drive away.
Directions
Please use postcode CO5 7EU for SatNav.
Important Information
Council Tax Band – A (for each apartment) EPC Rating's Apartment 1 - Rating D Apartment 2 - Rating E Apartment 3 - Rating D Apartment 4 - Rating E Services - We understand that mains water, drainage and electricity are connected to the property. Tenure - Freehold Our ref - COL250468
Agent's Note Photographs shown are of Apartment 4 and were taken prior to occupation by the current tenant.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is 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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