*Last two remaining plots*
Ideally located on Ipswich Road, Colne Housing has two x 2 bed houses remaining on this site for purchase under shared ownership in the popular development, Avellana Place.
Just a stone’s throw from the site is a large 24hr Tesco supermarket, a health club, sports centre and Colchester’s Rugby Club. A number of good primary and secondary schools are nearby and the top performing grammar schools are 15 minutes away.
This is a great opportunity for small families or downsizers to get on the property ladder!
These nicely presented 2 bed houses benefit from:
- 2 allocated parking spaces per plot
- Landscaped rear garden
- Fitted kitchen with integrated fridge/freezer, gas hob over electric over, SPACE for dishwasher and washing machine
- Downstairs toilet
- Open plan living and dining room
- With stairs leading to the first floor:
- Large master bedroom
- Family bathroom
- Good size double bedroom
- Total floor area of 818 sq.
Full Market Value: £255,000
Min. Share: 35%
Share value: £89,250
Service Charge: £30.08 p.m.
Leasehold: 99 years with no staircase restrictions – you can acquire the Freehold upon final staircase to 100% shares!!
Rent*: £379.84 p.m.
*based on purchase of 35% shares
The properties are subject to a new valuation every 3 months to ensure the values are in line with current market. This property is due a new valuation in August 2019.