Block of flats for sale in Colchester Road, Halstead CO9
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- To be offered on Tuesday 16 April
- Freehold residential investment
- Includes six modern self-contained flats with parking available
- Five flats let on ats's, with one sold off on a long leasehold
- Currently producing £52,590 p.a.
- Guide price reflects an niy of 7.25%
- 7 week completion available
Property description
Strapline
Auction Sale - 15/04/2024
Of Interest to investors
Freehold residential investment includes six self-contained flats, five currently let on AST' and producing £52,590 p.a. With one flat sold on long leasehold.
Description
The property comprises of a substantial detached building of traditional brick construction beneath a tiled roof, which has been converted to provide residential accommodation.
The building is arranged as six self-contained flats over ground, first and second floor, including 7 car parking spaces to the rear.
The property is situated on the North side of Colchester Road, close to the junction with Broom Hill and short distance from the retail centre along High Street/Head Street (A331).
Location
The property is situated on the North side of Colchester Road, close to the junction with Broom Hill and short distance from the retail centre along High Street/Head Street (A331).
Colchester 14 miles, Braintree 6 miles, Bury St Edmunds 25 miles.
Transport
17 minute drive to Braintree Station
Links to A1124, A131, A12, and A120
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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