Property for sale
Property description & features
- Tenure: Freehold
- Quality HMO Investment
- North Colchester Location
- Superbly Presented
- Ten Rooms To Let
- Two Kitchens
- External Comunal Sitting Room
- Good Access To A12
- Bus Service Close By
- Supermarket Close By
- Keys to View
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
Places of interest
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Property reference SNR2000192. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Stoneridge Estates - Brightlingsea.
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Broadband availability and predicted speed: obtained from Ofcom on March 3, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on March 3, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on May 22, 2019 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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