Offers over
£100,000
Studio for saleHigh Street, Colchester, Essex CO1
1 bath
1 reception
EPC Rating: C
Just added
Auction
Leasehold
About this property
This extremely well-presented, first floor studio apartment is set in the bustling and historic city centre of Colchester offering a variety of restaurants, bars, coffee shops, boutiques and high street department stores such as the prestigious Fenwick. The location also benefits from being close to both North & Town Stations which offers direct links into London Liverpool Street in under an hour. Furthermore, London Stansted Airport is only around twenty miles away. The A12 cuts through the beautiful Essex countryside, leading you to central London, which is just over sixty miles away as well as linking up with the M11 and M25.
Outside
To the rear of the building a cycle and bin stores on lower ground floor with rear access door to staircase and street access.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Outside
To the rear of the building a cycle and bin stores on lower ground floor with rear access door to staircase and street access.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Mortgage calculator
Monthly repayment
£500 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (114 years)
Service charge
£700 per year
Council tax band
B
Ground rent
£123
Ground rent date of next review



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