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£950,000
COLCHESTER, Essex, INVESTMENT OPPORTUNITY This is a Rare
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Price:
£950,000 Get Prequalified Today
Contact:
01255 688788
Location:
Colchester, Essex
Description:
INVESTMENT OPPORTUNITY
This is a Rare Opportunity to Purchase a Freehold Investment Property in a Prime Location in Old Lexden. The Property was Converted Some 7 Years Ago from a Care Home for the Elderly into Luxury Apartments and at the Same Time a Detached Self Contained Villa was Erected on the Site.
There are:
3 Two Bedroom Apartments
3 One Bedrooms Apartments
1 Detached, Two Story, Two Bedroom House with Enclosed Garden.
Parking Area with 7 Allocated Parking Spaces.
DETAILS
.
The property is in excellent decorative order internally and has a proven track record of successful residential letting with almost no void periods. The current rental yield is 51,300 pounds/annum but there is also the opportunity to put in place a long lease and separate the property, thus increasing any future capital return.
Property Type:
Single-Family Houses
Amenities:
Parking
For sale by:
Agent/Broker
Phone:
01255 688788
Posted:
Contact:
01255 688788
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Let me know if you have any questions. – Blake and Thickbroom
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More About this Listing: COLCHESTER, Essex, INVESTMENT OPPORTUNITY This is a Rare
COLCHESTER, Essex, INVESTMENT OPPORTUNITY This is a Rare is a Houses for Sale in Colchester ESS. Find other listings like COLCHESTER, Essex, INVESTMENT OPPORTUNITY This is a Rare by searching Oodle Marketplace for Houses for Sale in Colchester ESS.
COLCHESTER, Essex, INVESTMENT OPPORTUNITY This is a Rare is a Houses for Sale in Colchester ESS. Find other listings like COLCHESTER, Essex, INVESTMENT OPPORTUNITY This is a Rare by searching Oodle Marketplace for Houses for Sale in Colchester ESS.