SOLD STC

Guide Price
£760,000

Residential Property

Terraced Colchester

A terrace of three properties all let on ASTs located in Fordham Heath, Colchester.

For sale by Auction - Wednesday 9th October 2024.

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Rayleigh OFFICE

For further information or to arrange to view this property please call

01268 783377

Ref: PC/-

Details

Location

The property is located in Fordham Heath which lies within the village of Eight Ash Green, approximately 4.3 miles to the West of Colchester Town Centre, 1.7 miles from tollgate and 1.5 miles from the A12

Eight Ash Green has excellent public transport services to Colchester and is 3 miles from Marks Tey train station which has direct links to London Liverpool Street.

Locally, the property is a short walk to the village Heath with various amenities and good local schools. 

1 Wood Lane

  •  Brick with tiled roof construction, double-glazed windows
  • 3-bedroom end of terrace with two off-street parking spaces
Ground Floor
  • Entrance Hall
  • Lounge - with open fireplace
  • Kitchen
  • Bathroom - bath, sink, electric water heater and W.C.
First floor
  • Bedroom 1
  • Bedroom 2
  • Bedroom 3

2 Wood Lane

  • Brick with tiles roof construction, double-glazed windows
  • 2-bedroom mid-terrace with two off-street parking spaces
Ground Floor
  • Entrance hall
  • Lounge - with open fireplace 
  • Kitchen - with open fireplace
  • Bathroom - bath, sink, electric water heater and W.C.
First Floor
  • Bedroom 1 - with walk-in wardrobe
  • Bedroom 2 

3 Wood Lane 

  • Brick with tiled roof construction, double-glazed windows
  • 3-bedroom end of terrace with two off-street parking spaces
Ground Floor
  • Entrance hall
  • Lounge
  • Kitchen
  • Bathroom - bath, sink, electric water heater and W.C.
First Floor
  • Bedroom 1
  • Bedroom 2
  • Bedroom 3

- There is an outbuilding to the rear of the houses which each property has an independent section of.

Rent Reserved

The property is producing the below rental income

1 Wood Lane - £925 per month

2 Wood Lane - £800 per month

3 Wood Lane - £1,050 per month

The seller has advised that due to the relationship between the parties the rents were not increased to the maximum level at the last rent review in April 2024.

Tenure

The property is for sale freehold and the total plot extends to approximately 0.3 acres. See legal pack for details.

Method of Sale

The property is for sale by auction on Wednesday 9th October 2024.

The auction will be live streamed via the Dedman Gray website. Bidding available by telephone, proxy and online.

 Property & Land Auctions In Essex - Dedman Grey Property Auctioneers. (dedmangray.co.uk)


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