10 bedroom Detached bungalow in Colchester

7a Rowhedge Road, Colchester CO2 8EW
  • Lot No: 89
  • Property Type: Detached bungalow
  • Contract Type: Unconditional with Variable Fee

Guide Price* £225,000+ plus fees

Result Sold at Auction £250,000

Property Description

An excellent investment opportunity. A detached bungalow accessed via a private driveway, sitting on a very generous and low maintenance plot with field views. The property was previously rented under Specialist Supported Housing paying approx. £70,000 per annum. The property is split in to 4 sections, being the main body of the house, a side annexe as well as a garage conversion with 2 separate apartments. All in all there are 10 bedrooms, 4 kitchens and multiple reception and bathrooms, a superb property indeed. To appreciate the extent of the property we recommend viewing the walkthrough video tour, to enable any interested parties to get a good feel for the fantastic opportunity this investment property has to offer.

Accommodation

Entrance Hallway Inner Hallway Bathroom Kitchen/Breakfast Room 14ft 2 x 11ft 9 (4.32m x 3.58m) Dining Room/Bedroom Bedroom 12ft x 9ft 1 (3.66m x 2.77m) Living Room 20ft x 13ft 7 (6.10m x 4.14m) Outer Hallway Bedroom 14ft 8 x 11ft (4.47m x 3.35m) Bedroom 12ft x 11ft 9 (3.66m x 3.58m) Separate WC Bedroom 17ft x 11ft 8 (5.18m x 3.56m) En Suite


Annexe Accommodation entrance via Garden/Sun Room

Kitchen/Diner 17ft 4 x 10ft 7 (5.28m x 3.23m) Lounge 17ft 1 x 11ft 9 (5.21m x 3.58m) Bedroom 11ft 8 x 9ft 2 (3.56m x 2.79m) Bedroom 11ft 8 x 8ft 2 (3.56m x 2.49m) Shower Room


Outside

Multi vehicle off road parking and extensive low maintenance gardens surrounding the whole property.


Coach House

Ground Floor Living/Kitchen/Dining Room Two Bedrooms Shower Room First Floor Open Plan Lounge/Kitchenette Area Bedroom and shower room


Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales). Binding contracts of sale will be exchanged at the point of sale. All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law. Auction Deposit and Fees: The following deposits and non- refundable auctioneer’s fees apply:
  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property. There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties). Guide Price & Reserve Price Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Auction Details

Date 24th November 2022

Venue National Property Auction
The National Property Auction will be conducted behind closed doors. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.

Lot Information

Contact Us

If you have any questions, call our team on 0800 046 5454

Map

7a Rowhedge Road, Colchester CO2 8EW