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Property Listing Details

Property details

  • 6 bedrooms
  • 2 bathrooms
  • 2 reception rooms

Features

  • Freehold
  • Attention investors
  • Fully Licensed HMO Property
  • Six Bedroom Detached House
  • Rental Income Of £2650pcm
  • Gross Yield Of 8%
  • Highly Sought After Location
  • Internal Viewings Are Highly Advised!
  • No Onward Chain

Listing view statistics

Last 30 days: 386 page views

Since listed: 963 page views

Description

**attention investors** A rare opportunity to acquire this six bedroom detached fully licensed HMO, located in the highly sought after Stanway district of Colchester offering excellent access to the A12, great local schooling and the town centre. With a potential rental income of £2650 per calendar month and a gross yield of 8% this unique detached home would be ideal for any investor looking to grow their portfolio.

Offering six bedrooms over two floors and generous living accommodation, the ground floor consists of an entrance hall, a generous living room, fitted kitchen with integrated appliances, a conservatory/dining room, two double bedrooms and a downstairs cloakroom. On the first floor, four further bedrooms can be found as well as a shower room and a three piece bathroom.

Outside, there is a sizeable low maintenance rear garden with a garden shed to remain, whilst to the front there is block paved driveway providing off road parking for two cars.

With all the relevant paperwork and licences in place this great investment is ready for a new owner to take over the ownership and begin making their profit or if required the property could be returned into a family home with a few changes.

Offered with no onward chain, internal viewings highly advised.
Ground floor

entrance hall


With double glazed window to side, stairs rising to first floor, doors to;
WC

With double glazed window to front, close coupled WC, wash hand basin.
Living room

17' 3" x 11' 1" (5.26m x 3.38m) With double glazed window to front, radiator, understairs storage cupboard, doors to;
Bedroom six

12' 7" x 8' 2" (3.84m x 2.49m) With double glazed window to front, radiator.
Kitchen

18' 7" x 7' 2" (5.66m x 2.18m) With double glazed window to rear, single door to conservatory, a range of matching eye level base units with drawers and worktops over, inset sink and drainer, space for dishwasher, washing machine and fridge/freezer, single oven with gas hob over, spotlights, radiator.
Conservatory/dining room

UPVC construction with sliding doors to garden.
Bedroom five

18' 7" x 11' 4" (5.66m x 3.45m) With double glazed window to rear, French doors to side, radiator.
First floor

landing


With double glazed window to front, airing cupboard, doors to;
Bedroom one

18' 7" x 11' 4" (5.66m x 3.45m) With double glazed window to rear, radiator, built in wardrobe.
Bedroom two

11' 4" x 10' 8" (3.45m x 3.25m) With double glazed window to front, radiator.
Bedroom three

11' 8" x 8' 2" (3.56m x 2.49m) With double glazed window to front, radiator, built in wardrobe.
Bedroom four

8' 8" x 8' 2" (2.64m x 2.49m) With double glazed window to rear, radiator, built in cupboards.
Bathroom

With obscure double glazed window to rear, panelled bath with shower over, wash hand basin, close coupled WC.
Shower room

With obscure double glazed window to front, radiator, shower cubicle, close coupled WC, wash hand basin.
Outside

rear garden & front of the property


Outside, there is a sizeable low maintenance rear garden with a garden shed to remain, whilst to the front there is block paved driveway providing off road parking for two cars.

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Marks Tey 2.3 miles
  • Colchester 2.6 miles
  • Stanway Primary School 0.3 miles
  • The Stanway School 0.5 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Marks Tey 2.3 miles
  • Colchester 2.6 miles
  • Stanway Primary School 0.3 miles
  • The Stanway School 0.5 miles

Market stats

Sale activity

Average estimated value for a house in CO3:

  • £404,588
  • Price increase

  • £695
  • (0.172%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £381,476
  • Properties sold

    91

Rental opportunities

Not known

Recent sales nearby

See all recent sales in CO3
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Estimated running costs

Based on available 3rd party data

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The Agent

Price history

Sold prices provided by Land Registry
11th Sep 2020 £375,000 First listed
25th Oct 2007 £258,000 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Michaels Property Consultants. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Michaels Property Consultants for full details and further information.