3 bedroom detached bungalow for saleElmstead Road, Colchester
Sold STC £265,000
- NO ONWARD CHAIN
- INVESTMENT ONLY
- THREE DOUBLE BEDROOMS
- APPROX 100FT GARDEN
- FAMILY BATHROOM
- EASY ACCESS TO ESSEX UNIVERSITY
- 6% GROSS ANNUAL YIELD
- VIEWING ADVISED
** INVESTMENT ONLY** A fantastic opportunity has arisen to purchase this spacious three double bedroom detached bungalow. The dwelling is currently let on a 12 month agreement achieving £1300pcm giving a gross annual yield of 6%. ideally located within walking distance to The Hythe Railway Station, Essex University and Tesco superstore.
Entrance Hall - Double glazed entrance door leading to entrance hall, radiator and door to;
Bedroom One - 4.90m x 3.12m (16'1 x 10'3) - Double glazed bay window to front and double glazed window to side, built in wardrobe, radiator and feature fireplace.
Bedroom Two - 4.32m x 3.05m (14'2 x 10) - Double glazed bay window to front, built in wardrobe, radiator and feature fireplace.
Bedroom Three - 3.05m x 2.84m (10 x 9'4) - Double glazed window to side, radiator and built in wardrobe.
Lounge - 4.37m x 3.02m (14'4 x 9'11) - Double glazed window to side, French door to lean to, feature fireplace, doors to kitchen and bathroom.
Family Bathroom - Double glazed obscure windows to side and rear, pedestal wash hand basin, low flush W.C., paneled bath with shower attached, part tiled walls and tiled floor.
Kitchen - 2.54m x 2.16m (8'4 x 7'1) - Double glazed window to rear, roll top work surfaces inset stainless steel sink and drainer unit, four ring electric hob with oven below, space for appliances, door to lean to;
Lean To - Door to side accessing garden, cloakroom and laundry Cupboard.
Cloakroom - Window to rear, low flush W.C. and wash hand basin.
Laundry Store - Plumbing for washing machine and wall mounted gas boiler.
Externally - The front of the residence is approached by steps leading to the entrance, lawned area to either side.
The rear garden is predominantly laid to lawn with gated side access enclosed by mature shrub and tree borders.
Agents Note - The seller has informed us 2/3 tenants have paid upfront, the third tenant pays a rolling monthly rent. The solicitor will do a proportionment on completion.
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