Artillery Street, Colchester,

£375,000 OIEO

Land Freehold

Property Overview

  • £375,000 OIEO
  • Type: Land
  • Availability: For Sale
  • Bedrooms: 3
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold

Property Features

  • End Of Terrace Dwelling
  • Three Bedrooms
  • Generous Bar Area
  • Great Investment
  • Plans For Two Separate Dwellings
  • Close To Amenities

Full Details

** ATTENTION INVESTORS ** Offered to the market with no onward chain is this rare opportunity to develop the former foundry arms public house which is situated within a short walking distance to Colchester's Historic and vibrant Town Centre. The existing property has planning permission to convert into two residential dwellings comprising a mid terrace and an additional end of terrace property.

See attached the relevant planning permissions and architects drawings for each property. Each property would benefit from two large double bedrooms and an additional first floor study/bedroom three, family bathroom and an en suite to bedroom two. The ground floor consists of a lounge/diner, kitchen and a downstairs cloakroom for each dwelling. The end of terrace property further benefits from a basement/storage room.

Harris + Wood would estimate in today’s market ( August 2021 ) for the terraced property to have a resale value of approximately £250,000 - £260,000 with the end terrace property fetching approximately £260,000 - £270,000. We would like to state that these prices are estimates and based on current market conditions which are subject to change.

Bar Area (12.75m x 7.00m (41'10" x 23'))

Female WC (2.54m x 2.24m (8'4" x 7'4"))

Male WC (2.24m x 1.75m (7'4" x 5'9"))

First Floor Landing

Living Room (6.05m x 3.43m (19'10" x 11'3"))

Kitchen (6.05m x 2.54m (19'10" x 8'4"))

Bedroom (3.63m x 3.43m (11'11" x 11'3"))

Bedroom (3.58m x 3.43m (11'9" x 11'3"))

Bedroom (3.43m x 3.07m (11'3" x 10'1"))

Bathroom (3.28m x 2.54m (10'9" x 8'4"))

Enquire About This Property

If you would like to arrange a viewing of this property of you have any questions or queries then please fill in the form below or contact us using the following information

    Mortgage Calculator