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Magnolia Drive, Colchester, CO4

£300,000

521

Key Information

Tenure:Not available
Council tax band:Not available
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Five Bedroom Semi-Detached House
Living Room and Separate Kitchen
Ground Floor and First Floor Shower Room
Investment or Family Home

Description

This spacious five-bedroom property offers exceptional flexibility, making it an excellent choice for both family living and investment opportunities. Currently operating as a licensed HMO, it features a generous kitchen and a bright living room that opens directly onto the garden—perfect for communal gatherings or family relaxation. The layout includes two ground-floor bedrooms and three additional bedrooms upstairs, providing ample space for various living arrangements.

Situated close to the University of Essex, this home is ideally positioned for student lettings, while its size and layout also make it a fantastic option for families seeking room to grow.

Arrange Viewing

Unity Primary Academy
(0.36 miles)
Requires improvement
Number of pupils: 353
Age Range: 3 - 11
Colchester Academy
(0.45 miles)
Good
Number of pupils: 815
Age Range: 11 - 16
Hazelmere Infant School and Nursery
(0.47 miles)
Good
Number of pupils: 189
Age Range: 3 - 7
Hazelmere Junior School
(0.47 miles)
Good
Number of pupils: 220
Age Range: 7 - 11
Roach Vale Primary School
(0.75 miles)
Good
Number of pupils: 197
Age Range: 5 - 11
Parsons Heath Church of England Voluntary Controlled Primary School
(0.83 miles)
Good
Number of pupils: 195
Age Range: 4 - 11
Willow Brook Primary School and Nursery
(0.97 miles)
Good
Number of pupils: 186
Age Range: 3 - 11
Kendall Church of England Primary School
(1.12 miles)
Good
Number of pupils: 207
Age Range: 4 - 11
Friars Grove Primary School
(1.17 miles)
Good
Number of pupils: 400
Age Range: 5 - 11
St James' Church of England Primary School
(1.35 miles)
Good
Number of pupils: 442
Age Range: 2 - 11

Property Calculators

If you would like to learn more about how we can help with your mortgage please visit our mortgage page.

Mortgage

Estimated Monthly Mortgage Payment:
£1,501 /mo.25 Years, 4.5% Interest
Loan
£270,000
Total Repay
£450,224

Land Transaction Tax

You’ll have to pay the land transaction tax of:
£4,500
0% up to £225,000
6% from £225,000 to £300,000
Your effective land transaction tax is 1.5%

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