Flat for sale in Propelair Way, Colchester CO4

This top floor 2 Bedroom flat benefits from slight but stunning views of City Centre from the lounges Juliette balcony. The property itself has 1 double bedroom with en-suite shower room and fitted wardrobes followed by one single bedroom. The living space comprises of a modern kitchen with integrated oven, space for a washing machine and a dish washer and wood laminate flooring which is adjoined to the main carpeted lounge.

This property would be the most ideal to a first time buyer or an investor looking to add to their portfolio.

If this flat was re marketed for lettings we would expect this property to achieve £900 to £950 per calendar month.

There is also one allocated parking space with the Flat.

The current ground rent is £250 and does increase by £100 every 10 years and the current service charge is £1245.80 annually, which will include a reserve fund of £140.16.

The lease has 109 years remaining, which was 125 years from 24/06/2006

EPC rating: C. Council tax band: B, Domestic rates: £1564, Tenure: Leasehold, Annual ground rent: £250, Annual ground rent review period (years): 10, Length of lease (remaining): 107 years 3 months