House For Sale £375,000
** brilliant investment opportunity - over 8% gross yield**
An extremely rare opportunity to purchase this six bedroom, fully licensed HMO, centrally positioned in quiet cul-de-sac in Colchester with excellent access to the Colchester Town Centre and the Essex University. The property is offered to the market with all six bedrooms being fully furnished with all the relevant licenses and regulations in place. The property was fully refurbished and converted in 2012, has continued to be well maintained and it benefits from being offered to the market in excellent condition with tenancy agreements all in place. With a current income of £30,360 per annum with rental incomes per room ranging from £390pcm - £450pcm.
Internal viewings are highly advised.
Ground floor
entrance hall
With stairs to first floor, cupboard under, doors to;
Open plan kitchen/living/diner
lounge/diner area
17' 6" x 13' 3" (5.33m x 4.04m) With window to rear, door to side, radiator, open to;
Kitchen
11' 2" x 7' 8" (3.40m x 2.34m) With window to side, a range of matching eye level and base units with drawers and worktops over, inset sink and drainer, in-built double oven, gas hob with extractor hood over, tiled splashbacks, integrated fridge/freezer.
Utility room
7' 10" x 6' 3" (2.39m x 1.91m) With window to front, worktops and space for washing machine and tumble dryer.
Bedroom four
14' 2" x 9' 1" (4.32m x 2.77m) With window to front, radiator.
Bedroom five
10' 9" x 10' 5" (3.28m x 3.17m) With window to front, radiator.
Bedroom six
12' 2" x 7' 11" (3.71m x 2.41m) With window to rear, radiator.
Shower room
With window to side, close coupled WC, wash hand basin, corner shower cubicle.
First floor
landing
With window to side, door to;
Bedroom one
11' 7" x 11' 5" (3.53m x 3.48m) With window to front, radiator.
Bedroom two
12' 11" x 8' 9" (3.94m x 2.67m) With window to rear, radiator.
Bedroom three
9' 11" x 8' 9" (3.02m x 2.67m) With window to rear, radiator.
Bathroom
With window to front, heated towel rail, close coupled WC, wash hand basin, panelled bath.
Outside
garden
To the rear of the property there is a generous wrap around rear garden which is enclosed by panel fencing.
Driveway
To the front of the property there is a driveway providing off road parking.
An extremely rare opportunity to purchase this six bedroom, fully licensed HMO, centrally positioned in quiet cul-de-sac in Colchester with excellent access to the Colchester Town Centre and the Essex University. The property is offered to the market with all six bedrooms being fully furnished with all the relevant licenses and regulations in place. The property was fully refurbished and converted in 2012, has continued to be well maintained and it benefits from being offered to the market in excellent condition with tenancy agreements all in place. With a current income of £30,360 per annum with rental incomes per room ranging from £390pcm - £450pcm.
Internal viewings are highly advised.
Ground floor
entrance hall
With stairs to first floor, cupboard under, doors to;
Open plan kitchen/living/diner
lounge/diner area
17' 6" x 13' 3" (5.33m x 4.04m) With window to rear, door to side, radiator, open to;
Kitchen
11' 2" x 7' 8" (3.40m x 2.34m) With window to side, a range of matching eye level and base units with drawers and worktops over, inset sink and drainer, in-built double oven, gas hob with extractor hood over, tiled splashbacks, integrated fridge/freezer.
Utility room
7' 10" x 6' 3" (2.39m x 1.91m) With window to front, worktops and space for washing machine and tumble dryer.
Bedroom four
14' 2" x 9' 1" (4.32m x 2.77m) With window to front, radiator.
Bedroom five
10' 9" x 10' 5" (3.28m x 3.17m) With window to front, radiator.
Bedroom six
12' 2" x 7' 11" (3.71m x 2.41m) With window to rear, radiator.
Shower room
With window to side, close coupled WC, wash hand basin, corner shower cubicle.
First floor
landing
With window to side, door to;
Bedroom one
11' 7" x 11' 5" (3.53m x 3.48m) With window to front, radiator.
Bedroom two
12' 11" x 8' 9" (3.94m x 2.67m) With window to rear, radiator.
Bedroom three
9' 11" x 8' 9" (3.02m x 2.67m) With window to rear, radiator.
Bathroom
With window to front, heated towel rail, close coupled WC, wash hand basin, panelled bath.
Outside
garden
To the rear of the property there is a generous wrap around rear garden which is enclosed by panel fencing.
Driveway
To the front of the property there is a driveway providing off road parking.
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