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3 Bed Semi-Detached House For Sale Ipswich Road, Colchester, CO4

£320,000- Semi-detached

Yield: 3.89%
1 of 13
Yield: 3.89%
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  • Rental Guide: £975 - £1,040
  • 3 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Three Bedroom Semi Detached Property
  • High Specification Throughout
  • Of Road Parking
  • Fully Enclosed Garden To The Rear
  • Excellent A12 Access
  • Must Be Viewed
Last Updated: 9th June 2020

Description

Palmer & Partners are delighted to offer to the market this good sized three bedroom semi detached property situated to the North Colchester offering excellent A12 access and to North Station with its mainline links to London Liverpool Street and just a short distance to Colchester's Historic Town Centre. The internal accommodation is of high specification throughout comprising of entrance hallway, lounge, ground floor shower room, dining area and kitchen with the first floor comprising of three good sized bedrooms as well as family bathroom.
The property is further enhanced by having a fully enclosed rear garden with block paved driveway to the front providing off street parking and side access.
With properties in this location highly sought after palmer & Partners would strongly advise an early initial viewing to avoid disappointment.

Door to entrance hallway
Stairs rising to the first floor, radiator.

Lounge 3.34m (10' 11") x 3.62m (11' 11")
Double glazed Bay window to the front aspect, feature fireplace, radiator.

Shower Room/Utility
Single shower cubicle, low level WC, wall mounted hand wash basin, double glazed window to the side aspect, space for washing machine and tumble dryer, chrome heated towel rail.

Dining Area 2.91m (9' 7") x 3.80m (12' 6")
Radiator.

Kitchen 4.22m (13' 10") x 4.51m (14' 10")
Double glazed doors to the garden, double glazed window, low level cupboards, Island with cupboards, four ring electric hob with extractor over, built in fridge/freezer, stainless steel sink and drainer set into surface, radiator.

Bedroom three 2.30m (7' 7") x 2.40m (7' 10")
Double glazed window to the rear aspect, radiator.

Bedroom two 3.50m (11' 6") x 2.50m (8' 2")
Double glazed window to the rear aspect, built in wardrobe, radiator.

Bedroom one 3.60m (11' 10") x 2.90m (9' 6")
Double glazed window to the front, built in wardrobes x2, radiator.

Bathroom
Panel enclosed bath with up and over shower, chrome heated towel rail, low level WC, wall mounted hand wash basin, double glazed window to the front aspect.

Outside
The rear garden is mainly laid to lawn with patio area, large shed/storage unit, block paved driveway to the front of the property with side access.
Agent Details
Palmer & Partners
43, Crouch Street, Colchester, CO3 3EN
Show Contact Number
01206 572 233

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
4.1

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£9600
Lower taxes for this property type will not burden this property type as much leading to potential future price growth.
8.6

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
3 bedroom properties in proximity are mostly listed £975 - £1,038 – 3 recently listed properties were found in that band. However, the highest were £1,300, £1,150, £1,050.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested