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1 / 7 · 195 Chinook FRONT.JPG
195 Chinook FRONT.JPG
For sale
£120,000

Chinook, Highwoods, Colchester, CO4 9XS

1bedroom
1bathroom
Maisonettetype
Leaseholdtenure

Listed 13 Feb 2025 · Colchester

How the price compares

This home£120,000
Median 1 bed in CO4£150k16 homes listed · £459 per sq ft
Difference-20%below the area median

Key features

  • INVESTORS ONLY
  • 999 YEAR LEASE
  • PEPPERCORN GROUND RENT
  • RENT GUARANTEE AVAILABLE
  • TENANT IN RESIDENCE
  • PARKING

About this home

LANDLORD INVESTORS ONLY. 999 YEAR LEASE WITH PEPPERCORN GROUND RENT. A purpose built, ground floor, one bedroom maisonette with a reliable, long standing tenant, at a rental £740.00pcm. An ongoing Rent Guarantee is available on this property with continued management by Gallant Richardson. The property is situated on the popular Highwoods residential development with easy access to the A12 and Colchester Business Park and within walking distance of Tesco and local shops and amenities. NO ONWARD CHAIN

Entrance Hall - To reception hall with doors leading to:

Cloakroom - Large separate cloakroom off of hallway with low level flush W.C. wall mounted wash hand basin, Double glazed window to front, extractor, wall mounted fan heater.

Lounge: - 3.82 x 2.84 (12'6" x 9'3") - Double glazed window to front, storage heater, open plan access to:

Kitchen: - 2.36 x 1.82 (7'8" x 5'11") - Comprising work surfaces with cupboards and drawers under and eye level units, inset single bowl stainless steel sink unit with mixer tap, tiled splashbacks, extractor fan, electric cooker point.

Bedroom: - 3.82 x 2.84 (12'6" x 9'3") - 'L'shaped, double glazed window to rear, airing cupboard housing lagged copper cylinder and immersion heater.

En Suite Shower Room: - 2.39 x 0.90 (7'10" x 2'11") - Shower cubicle with glazed door, pedestal wash hand basin, extractor fan , wall mounted electric fan heater, chrome ladder style heated towel rail, tiled floor.

Outside: - To the front of this property there is communal parking.

Tenancy Details: - The property is currently let at a reliable, long standing tenant, at a rental £740.00pcm. an ongoing Rent Guarantee is available on this property with continued management by Gallant Richardson.

Lease: - Long Lease from 01 January 1991 for 999 years

965 years remaining.

No ground rent (peppercorn)

Maintenance: Currently (2025) £1268.61 P.A.

Material Information - Colchester City Council Council Tax Band 'A'

No onward Chain sale

Leasehold.

For sale with a current tenant in residence - subject to an Assured Shorthold Tenancy. Standard brick faced construction with tiled roof.

Mains electricity, water and drainage / sewerage are all connected. There is no gas connected.

Broadband speeds: 10 - 1000 Mbps We believe normal broadband is available via a BT Openreach line or via cable with Virgin Media, please check:

We believe normal mobile phone coverage is available but please check with your supplier.

Anti Money Laundering - We are required by law to conduct anti-money laundering checks on all those buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you, directly to Lifetime Legal, in advance of us issuing a memorandum of sale and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks

Disclaimer: - Every care has been taken with the presentation of these Particulars but complete accuracy cannot be guaranteed. If there is any point, which is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you. These Particulars do not constitute a contract or part of a contract. The sales details have been prepared using photographs taken at commencement of the current tenancy.

Property details

Property type
Maisonette
Council tax band
A
Tenure
Leasehold
Lease remaining
965 years left
Ground rent
£0 per year
Service charge
£1,268.61 per year
Parking
Yes
Heating
Night storage
Electricity
Mains supply
Water
Mains supply

Floorplan

FLOORPLAN.jpg

Location

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  • Colchester Station1.4 mi
  • Colchester Town Station2.0 mi
  • Hythe Station2.0 mi

What nearby homes sold for

Median sold prices in CO4 over the last 12 months: semi-detached £320k · detached £425k · terraced £278k · flat £173k.

AddressTypeSoldPrice
74 Chinook
Colchester CO4 9SZ
Semi-detached
Freehold
21 Aug 2026£154,000
177 Chinook
Colchester CO4 9XS
Flat
Leasehold
19 Aug 2026£105,000
113 Chinook
Colchester CO4 9XS
Flat
Leasehold
17 Jul 2026£85,000
288 Chinook
Colchester CO4 9UX
Semi-detached
Freehold
5 Jun 2026£280,000
274 Chinook
Colchester CO4 9UX
Flat
Leasehold
12 May 2026£120,000
44 Chinook
Colchester CO4 9SZ
Terraced
Freehold
26 Mar 2026£248,500
156 Chinook
Colchester CO4 9UX
Terraced
Freehold
12 Dec 2025£230,000
182 Chinook
Colchester CO4 9UX
Semi-detached
Freehold
7 Nov 2025£195,000
323 Chinook
Colchester CO4 9XT
Semi-detached
Freehold
24 Oct 2025£280,000
329 Chinook
Colchester CO4 9XT
Terraced
Freehold
10 Oct 2025£205,000

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in CO4

Buying costs

Monthly repayment£600£12,000 deposit · £108,000 loan
Stamp Duty£0England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Gallant Richardson, Colchester on Rightmove (original listing). First listed 13 Feb 2025; details checked 7 Nov 2026. Latest change: added on 13/02/2025.

Agent disclaimer

Disclaimer - Property reference 33673024. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Gallant Richardson, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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