** DEVELOPMENT OPPORTUNITY ** Overall plot measuring approximately 220ft x 49ft equating to 0.23 of an acre.
For sale to the open market for the first time since its construction, Home Partnership are pleased to offer for sale this established three bedroom detached family home located in a central position of Chelmsford. The home requires modernisation and improvement throughout and offers potential for redevelopment subject to the usual planning consents. The property enjoys a total plot measuring approximately 220ft x 49ft with access available from 3 aspects. The home also benefits from 7 SINGLE GARAGES and 1 DOUBLE GARAGE. The property is for sale by informal tender with a closing date for all offers to be submitted by 12 noon Friday 18th August. Please see informal tender guidelines for full information required.
Informal tender guidelines
Best and final offers must be submitted (either by post or email) by 12 noon on Friday 18th August 2017
The Home Partnership are unable to enter any discussions until the sellers reach a decision in addition to your best and final offer you must include the following information:
A. Name, address, telephone number and email for your Solicitor.
B. Any conditions attached to your offer such as 'Subject to planning'
C. How quickly can you exchange contracts and subsequently complete.
D. Whether your offer is dependent on selling another property and if so, the selling agents details.
E. Proof of finance arrangements, such as mortgage agreement in principle and/or bank statements showing funds available.
The sellers reserve the right not to accept the highest offer or indeed any of the offers received. All parties who submit offers will be informed in writing the result of the sellers decision.
Window and door to front, stairs to first floor with cupboard below, doors to;
Lounge 3.61m (11'10')+Bay window x 3.45m (11'4')
Bay window to front, feature fireplace, picture rail and window to side.
Dining Room 3.61m (11'10') x 3.45m (11'4')
Window to rear and side, feature fireplace, picture rail.
Kitchen 2.51m (8'3') x 1.78m (5'10')
Range of base level units with work top and inset sink unit, tiled floor, window to rear with window and door to side.
Loft access, doors to;
Bedroom 1 4.24m (13'11')into bay x 3.33m (10'11')
Bay window to front, picture rail.
Bedroom 2 3.61m (11'10') x 3.30m (10'10')
Double glazed uPVC window to rear, picture rail.
Bedroom 3 2.54m (8'4') x 1.96m (6'5')
Window to rear, picture rail.
Low level WC, wash hand basin with twin taps, panelled bath, opaque window to front, cupboard over stairs.
Hedged boundaries, brick shed, outside W.C, side and rear access, mainly laid to lawn.
7 of the single garages are rented out currently providing an income of £28 per month each. The agreements are casual and all tenants have been notified of pending termination of tenancy at the point of sale. If a new owner wished to continue renting the garages then a higher monthly yield is likely to be achieved reflective of current market conditions.
Single garage 5.56m (18'3') x 2.57m (8'5')
At the time of inspection we have only been able to gain access to one of the single garages. It is assumed that all garages are similar size to that of the one we inspected.
Double garage 8.08m (26'6') x 4.57m (15'0')