2 Quaypoint
Station Road
Woodbridge
Suffolk
IP12 4AL
Investment Colchester
Offers in excess of £5,250,000
55 Bedroom Block of Flats
- A superb investment portfolio of 7 properties and a carpark.
- A gross income circa £456,000 per annum.
- Four properties let to students producing a gross income circa of £326,000 per annum.
- Two properties let on five year commercial lease.
- Carpark let to business users.
- Storage barn with planning potential.
- Further growth in income subject to rental opportunities.
- City centre properties.
- Close to public transport.
The Bridgebank Portfolio is a property investment company that consists of seven properties and a carpark producing a gross income circa £456,000.
The Scheregate collection consists of four properties centred around the carpark. The Scheregate, a Grade 2 listed 18th Century former hotel, provides 12 studio apartments, 3 ensuite rooms and 2 shared facility room. The pump house consists 4 studio apartments, 4 Abbeygate Street, a Grade 2 Listed late 18th century, six bedrooms with shared facilities and a 1 bed apartment, a storage barn and 38 space carpark that produces a gross combined income circa £284,000.
30 New Town Road, a 14 rooms with shared facilities producing a gross income circa £86,000.
93 Military Road, 5 study rooms with shared facilities and a 1 bed apartment let on a 5-year FRI lease at £35,000 per annum.
95 Military Road, 6 studio apartments and 1, 2 bed apartment let on a 5-year FRI lease at £55,000 per annum.
Location
With its strategic location in the heart of Colchester City Centre and all the city's everyday amenities. The Bridgebank Portfolio ensures high rental demand and long-term growth potential. Within close proximity to the City Centre Bus and Train Stations as well as the A12, access to all parts of the UK are within easy reach. By car, Stansted Airport is within 45 minutes and London is 75 minutes. Trains to London Liverpool Street Station run every half hour in peak times and, with journey times as little as 45 minutes, Colchester is a vibrant and sought after commuter location.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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