Two freehold houses with planning permission granted for an additional dwelling to be erected between them

A vacant two bedroom semi-detached house with planning permission to erect a new dwelling to the party wall plus a two bedroom end terrace house currently let and achieving a rental income of £950 per calendar month. The properties are located close to Essex University and Colchester Hythe Station. It is considered that the finished properties would make excellent buy to let investments or first time buyer homes. For more information relating to the approved planning permission please visit Colchester City Council planning portal using reference 250378.

Tenure

Freehold

173 Greenstead Road

Ground Floor Lounge 11'5" x 10'5" Dining Room 11'5 x 10'5" Kitchen- 9'2" x 6'9" Bathroom- 7'9" x 6'9" First Floor Landing Bedroom One- 11'5" x 10'5" Bedroom Two- 11'5" x 10'5"

175 Greenstead Road

Ground Floor- Lounge 12'8" x 9'2" Kitchen- 9'5" x 6'9" Lobby Bathroom- 5'9" x 5'4" First Floor Landing Bedroom One- 9'5" x 9'5" Bedroom Two- 10'5" x 6'9"

Proposed Dwelling 173a Greenstead Road

Ground Floor- Approx 330 square feet Lobby Open Plan Kitchen Diner WC Living Room First Floor- Approx 296 square foot Landing Bedroom Office/2nd Bedroom Bathroom

Council Tax Band

No 173 - B No 175 - A

EPC

No 173 - D No 175 - C

Energy Efficiency Rating (EPC)

Current Rating D C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Colchester Borough Council

Solicitors

John Fowlers Solicitors, Ref: Jordan Kluth, Tel: 01206 576151

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.