Lot 61: FREEHOLD INVESTMENT

Sold £158,000

A freehold end terraced house situated approximately two miles to the east of Colchester town centre.

Tulip Walk lies between Forest Road and Alyssum Walk, in close proximity to local facilities and schools.

Ground Floor

Entrance hall, living room, kitchen diner, rear vestibule and cloakroom.

First Floor

Three bedrooms and bathroom.

Outside

Open-plan front garden and rear garden and yard.

Occupancy Agreement

The property is let under an Occupancy Agreement (commenced 1st October 2010) at a contractual rental of £202.24 per week rising to £209.13 per week with effect from 1st April 2021. The Agreement allows for annual increases (on 1st April) in line with the Retail Prices Index (RPI) plus 2%.

Auctioneer’s Note

The property has not been inspected by the Auctioneers, the details have been provided by the seller. Interested applicants should rely on their own investigations to verify the information provided.

Viewings

There will be no internal viewings and interested applicants are requested not to contact the occupants direct.