House For Sale £700,000
Colchester CO4

Guide Price: £700,000

A chance to acquire this fully let and high standard HMO investment opportunity. The property comprises 10 studios generating an annual income of £64,776 per annum yielding a return in excess of 9%. Additional benefits include ample parking, communal gardens with various storage sheds, social day room with seating, and two communal kitchens. Stoneridge Estate Agents currently manage the building and therefore can confirm the condition, daily running and tenants are of the highest quality. Further information is available upon request.




Studio 1
£484.00 PCM

Studio 2
£475.00

Studio 3
£507.00 PCM

Studio 4
£460.00 PCM

Studio 5
£500.00

Studio 6
£464.00

Studio 7
£700.00 PCM

Studio 8
£465.00 PCM

Studio 8A
£643.00 PCM

Studio 9
£700.00

Agents Note
Agents note: As of 5th March 2024 all rent were up to date and therefore there were / are no rent arrears relating to any tenancy.

EPC - C