Investment Colchester
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
17
- BATHROOMS
11
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- The collection forms five properties centred around a 38 spaces carpark.
- The formal hotel consists of 17 lets.
- The Pump House, consists of 4 studio apartments.
- 4 Abbeygate Street, 6 bedrooms and 1 bedroom apartment.
- A carpark.
- A storage barn with further potential subject to planning permission.
- City centre.
- Close to public transport.
- Gross Income circa £284,000 per annum.
Description
The Scheregate collection consists of four properties centred around the carpark with access from Osbourne Street. The flagship property is a Grade 2 listed 18th Century renovated, converted hotel, providing twelve studio apartments, three ensuite rooms and two shared facility rooms producing a gross income of circa £153,000 per annum.
The Pump House, a detached property converted into four studio apartments producing a gross income of circa £40,000 per annum.
4 Abbeygate Street, a four storey Grade 2 Listed late 18th century Victorian house, six bedrooms with shared facilities over three floors and a self contained one bedroom apartment with separate rear access, producing a gross income of circa £47,000 per annum.
A 38 space carpark let to business users on a permit basis, producing an income of circa £40,000.
A storage barn adjacent to the carpark with further potential subject to planning permission.
Location
With its strategic location in the heart of Colchester City Centre and all the city's everyday amenities. The Scheregate Portfolio ensures high rental demand and long-term growth potential. Within close proximity to the City Centre Bus and Train Stations as well as the A12, access to all parts of the UK are within easy reach. By car, Stansted Airport is within 45 minutes and London is 75 minutes. Trains to London Liverpool Street Station run every half hour in peak times and, with journey times as little as 45 minutes, Colchester is a vibrant and sought after commuter location.
Brochures
THE SCHEREGATE PORTFOLIO BROCHURE v5 sml2-compressBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Investment Colchester
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Visit our security centre to find out moreDisclaimer - Property reference 34668397. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Charles Wright Properties, Suffolk. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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