Church Walk, Colchester, CO1
£130,000

Guide price

Bedrooms: 2
SUMMARY

This two bedroom duplex maisonette is located in the heart of Colchester's town centre. Accommodation can be found on the first and second floors which form a two bed self contained maisonette which is currently let out. Potential rental income of between £700 - £800 PCM.

DESCRIPTION

This two bedroom split level maisonette is situated in Colchester's town centre and provides an excellent investment opportunity. The first and second floors together form a two bedroom split level apartment with two bedrooms being situated on the first floor and kitchen, reception room and shower room to the second floor. An early viewing is strongly advised to appreciate the opportunity that this represents.

Auctioneer's Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Rear Stairwell Leading Up To

First Floor Entrance Door

Giving access to:

Landing

Upvc window with Juliet balcony, stairs to second floor, doors to:

Bedroom One 12' 11" x 12' 8" ( 3.94m x 3.86m )

Upvc window to front, radiator.

Bedroom Two 8' 10" x 6' 6" ( 2.69m x 1.98m )

Upvc window to rear, radiator.

Second Floor

Landing

Doors to:

Lounge 13' 2" x 12' 7" ( 4.01m x 3.84m )

Upvc windows to front, radiator, open to:

Kitchen 9' 10" x 5' 7" ( 3.00m x 1.70m )

Matching base and eye level units, free standing cooker, plumbing for washing machine, roll edge work surfaces with inset stainless steel sink unit, tiled floor, tiled walls, upvc window to rear.

Shower Room

Wood effect flooring, tiled walls, shower cubicle, low level w.c., wash hand basin, upvc window to rear.

DIRECTIONS

Refer to map

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

01206 621312

William H Brown - Colchester

141 High Street, Colchester, CO1 1PG

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