Summary - 32, BARRACK STREET CO1 2LJ
1 bed 1 bath Land
**Standout Features:**
- Size: Approximately 161 sq m (1,733 sq ft) freehold land
- Planning permission granted for 3 one-bedroom flats (ref: 242268)
- Location: Residential area near shops, amenities, and transport links
- Future potential for significant rental income
**Concerns:**
- Site may include adopted highway land
- Precise measurements and potential tree preservation orders should be verified
Explore this exciting investment opportunity in Colchester with planning permission in place for three one-bedroom flats, ideal for generating rental income in a thriving cosmopolitan neighborhood. This substantial plot spans 1,733 sq ft and is nestled in a residential area, with easy access to local shops, amenities, and superb transport links via Colchester Town rail station.
While the site shows promise for future development, prospective buyers should conduct due diligence regarding the site's precise measurements and potential restrictions, such as existing tree preservation orders. This rare opportunity is set for public auction on **March 20th, 2025**, with a guide price of **£90,000-£120,000**—don’t miss your chance to secure a property with tremendous potential for growth in a vibrant community. Seize this moment to envision your future here!
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