37 King Stephen Road, Colchester, Essex, CO1 2DS
Dedman Gray Property Consultants LtdDedman Gray Auctions is a leading property auction house based in Thorpe Bay, Southend-on-Sea, Essex. Specializing in the sale and acquisition of residential and commercial properties, investments, and land, they offer expert guidance and professional services to buyers and sellers alike.
Read more Read moreA freehold residential investment comprising a vacant three-bedroom semi-detached house with front and rear gardens, located in the Newtown area of Colchester, approximately 1 mile from Colchester Town station and local shopping and entertainment facilities. The property features an entrance hall, lounge (11'9" x 9'8"), dining room (13'3" x 10'1"), kitchen (11'1" x 7'9"), bathroom/WC (6'5" x 7'1"), rear lobby, first floor landing, and three bedrooms (Bedroom One: 13'1" x 10'7", Bedroom Two: 10'1" x 9'9", Bedroom Three: 10'4" x 7'8"). With some cosmetic improvements, the property is estimated to achieve a rental income of £1,350 per month (£16,200 per annum), resulting in a yield of over 8% based on the guide price. The tenure is freehold.
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