Braintree, CM7, GB
This is a fantastic opportunity for an investor to get a job lot of properties to add to their portfolio, including four one bedroom properties, three of which are flats and a brand new bungalow. One of the flats has the potential to be made into a two bedroom flat (STPP). Two flats are to be sold with sitting tenants paying between £475 to £500 per calendar month. The bungalow is vacant and brand new. The third flat is also vacant.
The three flats share off road parking on a block paved area and the bungalow has its own designated parking space. The bungalow also benefits from having the potential to add another bedroom (STPP), and has a block paved patio leading to its own rear garden. The other three flats also have access to sole use rear gardens.
One of the three flats is situated on the ground floor with the other two on the first floor. The detached bungalow offers further potential and opportunity for someone to develop the property by adding space and value from extending to the front or rear (STPP).
In terms of the locality, the properties are very well situated due to the close proximity to Braintree station (within a 5 minute drive) and a similar distance to the High Street and the abundance of local amenities on offer there.
This is an excellent investment opportunity for the right person and is not to be missed out on!