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2 Bed Semi-Detached House, Single Let, Colchester, CO1 2SN £135,000

136 Greenstead Road, Colchester, Essex, CO1 2SN - 3 views - 6 months ago
  1. Deal Search
  2. Colchester
  3. CO1
  4. CO1 2SN
Sold STC
Auction
BTL
ROI: 10%
81 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Property History

Listed for £135,000

May 21, 2025

Floor Plans

Description

  • Strictly by appointment with the Auctioneers +

FOR SALE BY PUBLIC AUCTION ON THURSDAY, 12TH JUNE 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

BUY TO LET INVESTMENT: A VACANT FREEHOLD HOUSE WITH GOOD ACCESS TO ESSEX UNIVERSITY & CITY CENTRE. CONSIDERED TO BE AN IDEAL BUY TO LET INVESTMENT
A vacant freehold semi detached house that offers easy access to Essex University and Colchester city centre. The house itself contains two reception rooms, hallway and kitchen on the ground floor and two double bedrooms and large family bathroom on the first floor. It is considered that the house would benefit from some improvements and possibly adaptations to create more bedrooms and therefore maximise its potential income.
Entrance Hall
Lounge 12'11 x 10'11
Kitchen 8'0 x 8'0
Reception Two/Bedroom Three 11'0 x 10'8
First Floor Landing
Bedroom One 14'0 x 10'11
Bedroom Two 13'0 x 8'11
Bathroom/WC
It is considered that the improved property would be very popular for students as shared accommodation/HMO, with 3 individual rooms and a communal living room and kitchen or to a family on a single AST. It is also considered that it may be possible to create more bedrooms by adapting the rooms to create 3 bedrooms on the first floor which could increase the potential income further.
We are advised that the property is subject to a lease agreement for the eastern wall to be used for billboard advertisements. For more information please refer to the legal pack.

E

Agent Details

Dedman Gray Auctions, Essex

01702 311010

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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