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Investment Opportunity - 8.4% Yield. Tenant in situ until August 26 with rental of £1,050pcm Large top floor bedroom, two bathroom apartment. Furnished. Walking distance of University. One Car Port.
Two bedroom top floor apartment. Walking distance of Uni and allocated covered parking space. Entrance hall with storage cupboards. Bathroom with bath and separate shower cubicle. Large lounge/ diner with dual aspect. Fitted kitchen with electric hob and oven, washing machine and fridge/ freezer. Master bedroom with en-suite shower room. Further double bedroom. Good order throughout. Electric heating and double glazed. Furnished
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Albany Gardens, Colchester, CO2
Address shown above is the closest found to the postcode, that has Ofcom data available
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Utilities
Electricity
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Heating
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Rights and Restrictions
Private rights of way
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Public rights of way
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Restrictions
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Parking
Garage
Risks
Flooded in last 5 years
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Flood Defenses
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Source of Flood
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Please note that additional fees may apply. Click here. for more information
Tenant Fee Schedule (All amounts include VAT)
Holding Deposit: One week’s rent This secures the property. If any relevant person (including guarantors) withdraws from the tenancy, fails a Right to Rent check, provides materially false or misleading information, or fails to sign the tenancy agreement (or Deed of Guarantee) within 15 calendar days (or other mutually agreed deadline), this deposit will be withheld. The holding deposit will be offset against the initial security deposit once the tenancy is agreed.
Security Deposit: Five weeks’ rent This deposit covers any damages or defaults on the tenant’s part during the tenancy.
Unpaid Rent: Interest at 3% above the Bank of England base rate from the due date until paid. This charge will not be applied until the rent is more than 14 days in arrears.
Lost Key(s) or Other Security Devices: Tenants are responsible for the cost of replacing lost keys or other security devices. If locks need to be changed, the tenant will be charged the actual cost for a locksmith, new locks, and replacement keys for the tenant, landlord, or anyone else requiring keys. In addition, a charge of £15 per hour will be made for time spent replacing lost keys or security devices.
Variation of Contract (Tenant’s Request): £50 per agreed variation. This covers the cost of taking the landlord’s instructions and preparing new legal documents.
Change of Sharer (Tenant’s Request): £50 per replacement tenant, or any reasonable costs incurred, should these be higher. This fee covers tenant referencing, Right to Rent checks, deposit registration, and preparation of new legal documents.
Early Termination (Tenant’s Request): If a tenant wishes to terminate their contract early, they are liable for the landlord’s reasonable re-letting costs and any rent due until the start of the replacement tenancy. These costs will not exceed the maximum amount of rent remaining on the tenancy.
Company Let: £600 administration fee £99 check-in fee
