Flats 1 to 7 Franklin House & Flats 2 & 4 Marconi House, Avon Way, Colchester, Essex, CO4 3TZ
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 moreThe property consists of nine student accommodation flats, including seven three-bedroom flats in Franklin House and two six-bedroom flats in Marconi House. Each room in Franklin House rents for £97 per week, while rooms in Marconi House rent for £95 per week, with a combined annual income of £152,496. The flats have shared living accommodations, fitted kitchen/diners, furnished bedrooms with shared bathrooms, and an additional w/c in Marconi House. Common laundry facilities and a common room are available in the complex. Each room has central heating, and the flats are subject to leases of 125 years from June 24, 2008.
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