Summary - 38 HALLCROFT CHASE HIGHWOODS COLCHESTER CO4 9WG
2 bed 1 bath Maisonette
Compact two-bedroom home near top schools, ideal for first-time buyers.
Two-bedroom first-floor maisonette with long lease (954 years remaining)
Guide price £150,000 — affordable Colchester entry point
No onward chain but tenants occupy until 1 Sept 2025
Extremely high service charge: £16,550.64 per year
Allocated off-street parking and communal garden included
Kitchen dated (1980s style) — cosmetic updating needed
Electric storage heating; double glazing recently installed
Area close to The Gilberd School and good transport links
This two-bedroom first-floor maisonette in Highwoods offers an affordable entry into Colchester with a long lease and no onward chain. At guide price £150,000, it’s suited to buyers seeking a compact, well-located home close to The Gilberd School and good transport links to Colchester North and the A12.
The accommodation is straightforward and practical: lounge, kitchen, two bedrooms and a family bathroom. The flat has double glazing and electric storage heating; the kitchen is dated and will benefit from cosmetic updating for modern living. The overall footprint is small but typical for a two-bedroom apartment, making it manageable for a new household or downsizer.
Important cost considerations are clear and material: the property carries an extremely high annual service charge (£16,550.64) and a modest ground rent (£100). There are tenants in situ until 1 September 2025, so the purchaser should factor tenancy timing and rental status into plans. The lease term is very long (954 years remaining), which is a genuine asset.
In short, this flat is a budget-priced, long-lease option in a popular neighbourhood with good schools and transport. It will suit a buyer prepared to accept a compact layout, tenant occupancy in the short term and the unusually high service charge, or an investor able to manage the tenancy and running costs.
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