Tenanted Bungalow and Land for Auction Colchester CO6

Guide Price £1,100,000. A detached freehold bungalow with gardens giving access to a plot of land measuring approximately 6.4 acres. Situated in a sought after location. The existing bungalow sits on a plot of 0.24 acres and is currently occupied on an assured shorthold tenancy generating a rental income of £1,750 per calendar month. 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.