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Property details

Property for sale

Queensway, Lawford, Manningtree Guide Price £390,000

  • Fenn Wright - Manningtree

    2 Station Road, Manningtree, Essex

    • 01206 615578

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Bedrooms: 6

General information An opportunity to purchase an investment of three individual maisonettes and the freehold for the block of four. We understand from our client that there is a possibility of purchasing the remaining flat which opens up the possibility of further development on the site, subject to the usual planning permission being obtained. The three flats are all currently let on assured short hold tenancies producing an annual income of £19,200.

The flats have been well maintained and benefit from replacement double glazed windows and their own private entrance. The first floor flats have the added advantage of rear views out towards the River Stour.

The property is set in an elevated position and conveniently located within walking distance of both Manningtree town centre and the mainline railway station.

88 Queensway Ground floor apartment currently let at £500 PCM.

EPC Rating -

Entrance hall

Sitting room 13' 5" x 10' (4.09m x 3.05m) Tiled floor, one radiator.

Kitchen 8' x 8' (2.44m x 2.44m) Range of fitted units, window to rear and gas fired boiler.

Inner hall Cupboard under the stairs.

Bedroom one 11' 1" x 9' 3" (3.38m x 2.82m) Window to rear, built in wardrobe, one radiator.

Bedroom two 8' 7" x 8' 4" (2.62m x 2.54m) Window to front, built in wardrobe, one radiator.

Bathroom 7' 6" x 4' 8" (2.29m x 1.42m) Three piece suite, window to rear, one radiator.

86 Queensway First floor apartment currently let at £550 PCM.

EPC Rating -

Entrance hall Stair flight to first floor.

Landing Built in airing cupboard.

Sitting room 13' 8" x 10' 3" (4.17m x 3.12m) Double aspect, one radiator.

Kitchen 8' x 7' 7" (2.44m x 2.31m) Window to rear overlooking the River Stour, fitted in a range of modern units and gas fired boiler.

Bedroom one 11' x 9' 7" (3.35m x 2.92m) Window to rear overlooking the River Stour, built in wardrobe.

Bedroom two 9' 3" x 8' 4" (2.82m x 2.54m) Window to front, built in wardrobe.

Bathroom 7' 6" x 4' 7" (2.29m x 1.4m) Three piece suite, window to rear.

84 Queensway First floor apartment currently let at £550 PCM.

EPC Rating -

Entrance hall Stair flight to first floor.

Landing Built in airing cupboard.

Sitting room 13' 8" x 10' 5" (4.17m x 3.18m) Windows to front and side, one radiator.

Kitchen 8' 1" x 7' 1" (2.46m x 2.16m) Windows to rear overlooking the River Stour, fitted with a range of units and gas fired boiler.

Bedroom one 11' x 9' 7" (3.35m x 2.92m) Window to rear overlooking the River Stour, built in wardrobe, one radiator.

Bedroom two 9' x 8' 4" (2.74m x 2.54m) Window to front, built in wardrobe, one radiator.

Bathroom 7' 7" x 4' 8" (2.31m x 1.42m) Three piece suite, window to rear, one radiator.

The outside The property is situated at the end of Queensway in an elevated position and has parking for a number of vehicles. Currently, each maisonette have their own private garden which are laid to lawn with established hedging.

Where? The property is situated in an elevated position towards the end of Queensway and is conveniently located within a short walk to Manningtree high street with its weekly market and various shops, library, restaurants and cafes. There is a Co-op supermarket which caters for most day-to-day needs. Also within walking distance is Manningtree's own mainline railway station which offers direct links to London Liverpool Street.

As Manningtree is situated on the River Stour it has its own Stour Sailing Club and is excellent base for cruising and sailing along the river.

Agents note The property offers a superb opportunity to an investor with the potential of further development to maximise the freehold site, subject to the usual planning permission being obtained. The vendor has some sketched plans which are available on request.

Neighbourhood average sold house prices

Flat/Maisonette
£101,249
Terraced
£142,000
Semi-detached
£136,143
Detached
£170,250

Based on 27 transactions covering the past 5 years. Prices are not adjusted for inflation. Data is supplied by the Land Registry.

  • Fenn Wright - Manningtree

    2 Station Road, Manningtree, Essex

    • 01206 615578