6 bedroom hmo

Maldon Road, Colchester, Essex, CO3 3AQ

Size: sqm

Purchase price

£350,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £22,520
Net income £22,520
Gross yield 6.43%
Net yield 6.43%

Yieldit are pleased to offer to the market this fantastic 6-bedroom House in Multiple Occupation located in the thriving town of Colchester, Essex. This property offers a fantastic opportunity for investors seeking a high-yield rental venture in a prime location. The property consists of; entrance hallway, six good-sized bedrooms, two family bathrooms, one en-suite and a fully-fitted kitchen. Externally the property has access to a low maintenance enclosed back yard.

Located in Essex, Colchester is in an enviable position just 50 miles from London. The popular commuter town is connected with the capital by the A12 road and frequent services from Colchester Railway station and is conveniently just 30 miles from London Stanstead Airport. The historic town was named one of the top places to live in the UK in 2021 due to it’s beautiful coastline, countryside and culture offering. Property prices have increased by 5% in the last year and 10% since 2018 (Rightmove) which means the town is a great candidate for buy-to-let investment where rental demand will be high and offering great potential for capital growth.

Colchester is undergoing extensive projects of regeneration which will only add to it’s attraction as a place to live and work. The multimillion-pound projects include plans to revitalise the town centre, improve infrastructure and create roads, improve walking and cycling links around the centre and bring new trains and homes to the county. The town is already the largest employment centre in North Essex meaning there will certainly always be demand for this kind of property on the rental market. Don’t miss out and enquire today!

ATTENTION INVESTORS! SPACIOUS 6 BEDROOM HMO PROPERTY LOCATED IN COLCHESTER. Sold with tenants in situ, fully managed and generating a high 6.43% net yield.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted Investment Oppurtunity

Key features

Fully Managed

Key features

Sold With Tenants In Situ

Key features

Fully Fitted Kitchen

Key features

Close By To Local Aminities

Key features

Fantastic Transport Links

Key features

6 Bedroom HMO

Key features

6.43% Net Yield

Key features

Freehold

ATTENTION INVESTORS! SPACIOUS 6 BEDROOM HMO PROPERTY LOCATED IN COLCHESTER. Sold with tenants in situ, fully managed and generating a high 6.43% net yield. More info...

Yieldit are pleased to offer to the market this fantastic 6-bedroom House in Multiple Occupation located in the thriving town of Colchester, Essex. This property offers a fantastic opportunity for investors seeking a high-yield rental venture in a prime location. The property consists of; entrance hallway, six good-sized bedrooms, two family bathrooms, one en-suite and a fully-fitted kitchen. Externally the property has access to a low maintenance enclosed back yard.

Located in Essex, Colchester is in an enviable position just 50 miles from London. The popular commuter town is connected with the capital by the A12 road and frequent services from Colchester Railway station and is conveniently just 30 miles from London Stanstead Airport. The historic town was named one of the top places to live in the UK in 2021 due to it’s beautiful coastline, countryside and culture offering. Property prices have increased by 5% in the last year and 10% since 2018 (Rightmove) which means the town is a great candidate for buy-to-let investment where rental demand will be high and offering great potential for capital growth.

Colchester is undergoing extensive projects of regeneration which will only add to it’s attraction as a place to live and work. The multimillion-pound projects include plans to revitalise the town centre, improve infrastructure and create roads, improve walking and cycling links around the centre and bring new trains and homes to the county. The town is already the largest employment centre in North Essex meaning there will certainly always be demand for this kind of property on the rental market. Don’t miss out and enquire today!

  • Key features
    Tick Desktop Tenanted Investment Oppurtunity
    Tick Desktop Fully Managed
    Tick Desktop Sold With Tenants In Situ
    Tick Desktop Fully Fitted Kitchen
    Tick Desktop Close By To Local Aminities
    Tick Desktop Fantastic Transport Links
    Tick Desktop 6 Bedroom HMO
    Tick Desktop 6.43% Net Yield
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £22,520
Net income £22,520
Gross yield 6.43%
Net yield 6.43%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.