14 Belgrave Place, East Hill, Colchester, Essex, CO1 2GP

A residential investment property, this two-bedroom apartment is situated in a former Regency house in the city centre of Colchester. The accommodation includes two double bedrooms, one with an en-suite shower, a kitchen, a breakfast room, and a generous lounge. The property features residents' parking, a communal outdoor seating and BBQ area, and requires minor cosmetic improvements. The tenure is a share of freehold. The approximate dimensions of the rooms are as follows: lounge/dining room 16'0" x 14'3", kitchen 10'4" x 8'4", bathroom 8'4" x 5'6", bedroom one 14'0" x 9'2", en-suite 7'6" x 3'4", and bedroom two. It is estimated that, once improved, the property could achieve a rental income of approximately £1,300 per month (£15,600 per annum), representing a yield of just over 11.5% based on the guide price. Recent sales data indicates that similar two-bedroom apartments in this building have sold for prices ranging from just over £200,000 to £322,000 since 2019.