Sold STC

Mannings Road, Colchester, CO7

£172,500
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Property Summary

Nestled within the sought-after Penny Fields development in the prestigious Frating, this impeccably designed three bedroom semi-detached home is move-in ready.

Nestled within the sought-after Penny Fields development in the prestigious Frating, this impeccably designed three bedroom semi-detached home is move-in ready. Boasting a spacious layout, the accommodation features a large kitchen/diner with utility room, a convenient ground floor W/C and a spacious lounge with double doors to rear garden. To the first floor you will find three generously sized double bedrooms with master benefiting from en-suite shower room and in addition there is also a modern family bathroom. Abundant storage cupboards are seamlessly integrated throughout the residence. The external space is a highlight, with a rear garden surpassing the typical size for this style of property, and ample allocated parking at the front via a driveway

PROPERTY DETAILS

Available for sale is a 46% share of the full property priced at £375,000 (46%- £172,500).
The new owner will pay a monthly rent of £461.59 for the remaining 54% share.
An option is available for the purchaser to acquire up to 100% ownership of the property at a later date.
This shared ownership home is tailored for individuals seeking accommodation or first-time buyers aiming to step onto the property ladder. The criteria for prospective buyers are as follows:

The buyer must require accommodation.
The buyer's income should be sufficient for both the property purchase and future expenses.
The buyer must not currently own another property.
For additional information, feel free to contact a member of our team.


**MEASUREMENTS FOR THE PROPERTY**

Kitchen/Diner - - - 2.95m x 5.90m (9' 8" x 19' 4")

Lounge - - - 3.30m x 5.85m (10' 10" x 19' 2")

Utility Room - - - 1.65m x 1.65m (5' 5" x 5' 5")

Bedroom One - - - 3.05m x 3.35m (10' 1" x 10' 12")

Bedroom Two - - - 2.90m x 3.65m (9' 6" x 11' 2")

Bedroom Three - - - 4.15m x 2.10m (13' 7" x 6' 11")

Bathroom - - - 2.20m x 2.65m (7' 3" x 8' 8")

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