3 bed House, Other For Sale

Port Lane, Colchester

£325,000

Property Description

*** Guide Price £325,000 - £350,000 ***

Three leasehold flats and the freehold available for the first time to purchase together, offering both a great investment opportunity with all three properties currently let out, but also the potential to further develop the site to increase income subject to planning.

Currently let out for a total of £1508 with two empty garages available to be let out to increase the income.

While the site already offers a good return on your investment, we believe there may be an opportunity to further enhance the site by either increasing the accomodation, redeveloping the block of garages or redesigning the layout or extending the block, subject to planning permission.

To discuss this property please contact Simon Callaway on:

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