3-bedroom flat · CO7 0GE
Listing removedListed 195 days
Opportunity summary
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About
Occupying an outstanding position with stunning sea views, a spacious three bedroom penthouse apartment with flexible accommodation arranged over two floors making the most of this truly wonderful position.
Communal entrance hall with stair flight and lift leading to the second floor with door to the private entrance.
Hall with doors leading off and access to the shower room with walk in shower cubicle, wash hand basin and a W.C. And doors to laundry cupboard.
Of particular merit is the spacious kitchen/diner providing a light and airy wonderful dining and entertaining space with French doors to the Juliet balcony and stair flight to the third floor.
The kitchen is fitted in a range of high quality units incorporating a number of integrated appliances, fridge freezer, dishwasher, two wine coolers, double oven hob and microwave.
There is a larder cupboard and cupboard housing the gas boiler.
Bedroom one is a large double bedroom with en-suite bathroom comprising panel bath, wash hand basin, shower cubicle and a W.C and there is an additional double bedroom on this floor, both bedrooms having French doors to Juliet balconies and fitted wardrobes.
On the third floor is a beautiful sitting room with a range of built in storage cupboards and stunning views over the water with French doors leading out onto the extensive terrace with outstanding views over the marina and estuary providing a delightful alfresco dining and entertaining space.
Located off the sitting room is an additional bedroom currently in use as a home office. Outside We are advised that there are two allocated spaces in the secure underground carpark.
Location Waterside Marina is a modern development on the waterfront of Brightlingsea town with the development being a short distance away from the town centre which offers a varied range of shopping facilities, public houses and eateries.
The town itself is popular with the boating and water sports enthusiasts.
Colchester city centre is an approximate 20 minute drive and the neighbouring villages of Alresford and Great Bentley offer rail links to London Liverpool Street.
Directions Please use the postcode CO7 0GE for SatNav.
Important Information Council Tax Band - E Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Leasehold Lease details - Subject to confirmation from the management company and these charges are for the current year and maybe subject to change.
Original lease - 199 year lease from June 2004.
Ground rent - £250 per annum Service charge - £4192 per annum EPC rating - B Ref - COL260266/gmb Agents note We are advised that pets are allowed, subject to consent from the management company.
Agents note Any intending viewers or purchasers are advised of the following: An EWS1 form ( External Wall Survey) may be recommended for certain apartment buildings dependant on issues such as the height of the structure.
The positioning of balconies and composition of any external cladding.
Fenn Wright have not undertaken any such assessment in respect of this particular property and this note has been added to all flats being offered for sale throughout our business as appropriate general guidance .We recommend that potential purchasers seek advice from their solicitor and an independent Chartered Surveyor before committing to a purchase.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 41 Harbour Square,, Waterside Marina, Colchester
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