COLCHESTER, Essex, CO4 5YE - Online Auctions

**Cash buyers only ** Tenure: Leasehold, 113 years remaining The Property We are delighted to offer this spacious, well presented, first floor studio apartment perfect for a first time buyer or as an investment property. Located to the North of Colchester with easy access to the A12. The property benefits from an allocated parking space and intercom entry. Ground rent £200pa, payable in 2 instalments of £100 every six months. Service charge £956pa, payable in two instalments of £478 every six months. Hallway Carpeted, with airing cupboard and an electric heater. Bedroom/Lounge 20'4" x 10'9" Good sized L shape room, carpeted, double glazed windows to front and side, electric heater at each end, built in wardrobe/storage cupboard. Kitchen 8' x 9'9" Modern wood wall and white base units along side and rear. Integrated appliances include fridge, washer dryer, electric cooker and hob, extractor hood. French doors open onto small private balcony Shower Room 5'5" x 8'3" Good sized shower room, half tiled, half painted. Three piece suite includes shower cubicle, hand wash basin and low level WC. Electric heater. Balcony Private balcony, not overlooked. Sized nice for small patio table and two chairs. Tenure This property is sold leasehold with 113 years remaining. Disclaimer for virtual viewings Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided. EPC Rating CURRENT 83/85 POTENTIAL Opening Bid and Reserve Price This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply. Comments Energy Performance Certificate (EPCs) An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.