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Land for sale
Woodpeckers, Lowefields, Earls Colne, Colchester, Essex, CO6 2LH
£1,100,000
Woodpeckers, Lowefields, Earls Colne, Colchester, Essex, CO6 2LH
£1,100,000
Our Summary
- FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 4TH DECEMBER AT 12PM NOON
- POTENTIAL DEVELOPMENT: A DETACHED BUNGALOW WITH VACANT LAND TO REAR IN POPULAR VILLAGE CONSIDERED TO HAVE POTENTIAL FOR FUTURE DEVELOPMENT STPP A detached freehold bungalow with gardens giving access to a plot of land measuring approximately 6
- It is considered that the plot that the bungalow sits on could be sufficient to provide appropriate access to accommodate development on the rear plot subject to necessary consents
- It is considered that it could suit a variety of uses and may offer potential future development subject to relevant consents
- We are advised by the seller that architects and planners have explored various development options including a scheme for a care home and over 55's retirement dwellings (of which images are include in this advert) however we are not aware of any planning applications that have been submitted to the local authority
Description
This detached bungalow, situated in the popular village of Earls Colne, is being sold by public auction on December 4th. The property, which generates a rental income of £1,750 per month, sits on a plot of 0.24 acres and has a large rear plot of approximately 6.4 acres, which could have potential for future development subject to necessary consents. The bungalow itself has a detached garage and offers a range of accommodation, including an open-plan kitchen/diner, lounge, three bedrooms, and a bathroom/wc. The property is currently let, and the seller has explored various development options, including a scheme for a care home and over 55's retirement dwellings, although no planning applications have been submitted. The property is being sold with the potential for future development, making it an attractive opportunity for investors and developers.