This three-bedroom link-detached house presents a compelling project for those looking to invest in a property with considerable potential. Priced significantly lower to reflect the necessary underpinning and remedial works due to subsidence, it offers an opportunity particularly suited for seasoned developers or investors. The home features an open-plan living space, three generously sized bedrooms, a private garden, and a terrace on the first floor.
Cash buyers are preferred given the structural challenges involved, but full reports and documentation regarding the condition of the property can be provided upon request to assist interested parties.
Located in Channels, an increasingly desirable area known for its picturesque lakes and extensive landscaped green spaces, this property also benefits from easy access to footpaths and cycle routes leading to the nearby Beaulieu Park. Public transport options include a short drive to the Park and Ride service that connects directly to Chelmsford railway station, which offers frequent journeys to London in under 40 minutes.
The local amenities include a variety of shops within close proximity such as Sainsbury's Local and Costa Coffee among others, making it convenient for day-to-day needs. Additionally, connectivity to major roads such as the A12 and A120 enhances accessibility towards Stansted Airport.
Tenure is freehold with an annual estate service charge of £440. The council tax band for this property is Band E, amounting to approximately £2,702.26 annually.
