Home > Auctions > September 2021 01 September 2021 - 9:00am > Lot 83

September 2021: Wednesday 01 September 2021 - 9:00am
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    Key features

    • Large attractive detached house arranged as eight self contained flats
    • Additional rear detached two bedroom house
    • Investment let at £55,680 per annum
    • Good sized rear concreted car parking area for a number of cars
    • Situated on an interesting corner site of approximately 0.23 acres
    • New build redevelopment potential

    Description

    An attractive detached house arranged over basement, ground and first floors converted to provide eight self-contained flats

    To the rear is a two storey detached house

    There is double glazing and wall mounted electric heating

    There is a paved rear garden area and good size concreted car parking area for a number of cars having direct access from Salisbury Road

    The property forms part of an almost rectangular shaped site of approximately 0.23 acres

    There may be residential new build redevelopment potential subject to requisite consents

    Additional information

    Tenure

    Freehold

    Accommodation

    Basement (Flat 1) - Hall Area, Three Rooms, Kitchen, Bathroom/WC

    Ground (Flat 2) - Reception Room, Bedroom, Kitchen, Bathroom/WC

    Ground (Flat 3) - Reception Room, Bedroom, Kitchen, Bathroom/WC

    Ground (Flat 4) - Entrance Hall, Reception Room, Bedroom, Kitchen, Bathroom/WC

    Ground (Flat 8) - Entrance Hall, Reception Room, Bedroom, Kitchen, Bathroom/C

    First (Flat 5) - Entrance Hall, Reception Room, Bedroom, Kitchen, Bathroom/WC

    First (Flat 6) - Entrance Hall, Reception Room, Bedroom, Kitchen, Bathroom/WC

    First (Flat 7) - Entrance Hall, Reception Room, Bedroom, Kitchen, Bathroom/WC

    The Coach House, 2A Salisbury Avenue - Entrance Hall, Reception Room/Kitchen, Two Bedrooms, Bathroom/WC


    Tenancy

    Basement (Flat 1) - Vacant

    Ground (Flat 2) - 12 month AST from 4th June 2021 at £6,600 per annum. Holding over

    Ground (Flat 3) - 12 month AST from 3rd November 2016 at £6,000 per annum. Holding over

    Ground (Flat 4) -12 month AST from 15th November 2017 at £5,640 per annum. Holding over

    Ground (Flat 8) - 12 month AST from 16th October 2020 at £7,140 per annum.

    First (Flat 5) - 12 month AST from 31st March 2021 at £7,020 per annum

    First (Flat 6) - 6 month AST from 27th June 2020 at £6,600 per annum Holding over

    First (Flat 7) - 6 month AST from 4th June 2020 at £6,240 per annum. Holding over

    The Coach House, 2A Salisbury Avenue - 6 month AST from 14th September 2020 at £10,440 per annum Holding over

    Rent

    Total Current Rent £55,680 per annum

    Notes

    6 Week Completion available.

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        Local information

        Colchester is an increasingly important major commercial, retail and administrative centre located some 53 miles north-east of London and is recorded as the oldest town in Britain

        The main campus of the University of Essex is in Colchester, attracting over 10,500 students both nationally and internationally

        Situated at the junction of Maldon Road and Salisbury Avenue in a convenient and popular residential area south-east of the town centre

        The retail and commercial centre of Colchester is within easy reach

        The surrounding countryside provides a range of leisure activities

        Stanstead Airport is 30 miles away and the passenger ferry port of Harwich is within 20 miles

        Easy access to the A12 provides good communications to Ipswich, the M25 and M11 Motorway

        Transport

        National Rail - Colchester

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

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        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

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