General information An opportunity to purchase a one third share of the equity (conditions apply) of this modern three bedroom terraced house situated in the highly sought after Highwoods area of town.
The property which has the benefit of double glazed replacement windows and gas fired radiator heating has accommodation comprising part glazed entrance door to entrance hall, laminated floor, under stairs storage cupboard. Cloakroom with white low level wc, plumbing for wash hand basin, window to front, vinyl floor covering. Sitting room feature fireplace with fitted natural flame coal effect gas fire, window to front, coving, archway to dining room with coving and double glazed sliding patio doors to conservatory which is double glazed PVCU and brick construction, ceramic tiled floor, fitted seating unit with storage beneath and double glazed sliding patio doors to rear garden. Kitchen with single drainer stainless steel sink unit inset in laminated work surface, range of laminated work surfaces with drawers, cupboards and storage space under, range of wall mounted storage cupboards, wall mounted gas fired boiler, part tiled walls, laminated floor, window to rear, stable door to rear garden.
The first floor landing has an airing cupboard and access to all bedrooms and the family bathroom. Bedroom one with window to front and wardrobe recess. Bedroom two has a built in wardrobe and window to rear. Bedroom three also has a built in wardrobe, window to front and access to loft space. The family bathroom is fitted with a white suite comprising panelled bath with shower attachment and mixer taps, pedestal wash hand basin, low level wc, vinyl floor covering, window to the rear and part tiled walls.
Cloakroom 5' 9" x 3' 7" (1.75m x 1.09m)
Sitting room 14' 1" x 11' 8" (4.29m x 3.56m)
Dining room 8' 9" x 8' 11" (2.67m x 2.72m)
Conservatory 8' x 7' 4" (2.44m x 2.24m)
Kitchen 9' 1" x 8' 9" (2.77m x 2.67m)
Bedroom one 11' 6" x 9' 2" (3.51m x 2.79m)
Bedroom two 11' 3" x 9' 1" (3.43m x 2.77m)
Bedroom three 9' 1" x 8' 1" (2.77m x 2.46m)
Bathroom 7' x 5' 7" (2.13m x 1.7m)
The outside We understand from the vendor that there are two allocated parking spaces. There is a right of way providing access to the rear garden which is approximately 50ft deep, is mainly laid to lawn with flower and shrub beds, paved patio area and timber storage shed.
Location Situated on the popular Highwood's development to the north of Colchester which has Tesco's superstore within walking distance and being conveniently located for Severall's Business Park. Colchester north mainline railway station is within easy access as is the A12/A120 interchange. There are regular bus services into Colchester's town centre which offers a comprehensive range of shopping facilities, bars and restaurants along with a multi screen cinema and the Mercury Theatre.
Important information Council Tax Band - C
Services - We understand that the main services of electricity, gas, water and drainage are connected to the property.
Tenure - Leasehold
EPC Rating - C
Agents note The asking price is for a one third share of the leasehold equity of the property and there will be conditions imposed by the Housing Association who owns the remainder of the equity that will need to be fulfilled and any purchaser would have to complete an application to them. We understand that the original term of lease was 99 years from the 23rd December 1994, leaving 72 years remaining. Sanctuary Housing can assist in a lease extension however this will be at the cost of the new owner, please ask for further details. There is also a rent payable for the two third share owned by the Housing Association, this is currently £474.47 per month and service charge of £28.64 making a total of £503.11.
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The opportunity to purchase a third share of the equity on a modern three bedroom terraced house situated in the highly popular Highwoods area. (Conditions apply)
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