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£380,000

6 bed detached house for sale
Hatcher Crescent, Colchester CO2

    • 6 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Freehold

Connells - Colchester

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About this property

  • High-performing investment property with strong rental history

  • Fully renovated approx. 4 years ago

  • HMO Licence (6 occupants) renewed July 2023 - valid until July 2028

  • Configurable as 5 bedrooms with dining room or 6 double bedrooms with living dining room.

  • Furniture & appliances 4 years old, well maintained

  • Repainted front windows & doors and interior (2024)

  • Rental income averaging £2,450 pcm / £29,400 per annum

  • 0.4 miles to Hythe Station (9-minute walk) - 0.9 miles to University of Essex (18-minute walk) - 1 mile to Colchester Town Centre (21-minute walk)

Summary
Whether you're an investor seeking a reliable income stream or looking to expand your portfolio with a ready-to-go HMO, this property offers strong fundamentals, good location, and a history of dependable returns.

Description
A fully licensed 5/6-bedroom HMO with strong rental history and consistent returns. Located within easy reach of the University, Town Centre and Hythe Station, this turnkey investment opportunity is ready for immediate income generation.
Hatcher Crescent is a well-maintained and high-performing investment property located in a sought-after residential area of Colchester. This freehold, fully licensed HMO has averaged £2,450 per month in rental income over the past four years and is ideally positioned for both student and professional lets.
Configured to suit either a five or six-bedroom layout, the property features a large shared living room, well-equipped kitchen, utility room, two bathrooms, and an additional ground-floor WC. The current HMO Licence (for up to 6 residents) was renewed in 2023 and is valid until July 2028, with all compliance work carried out in partnership with the local housing officer.
The location is excellent for attracting tenants. The University of Essex is an 18-minute walk away, Hythe Station is just 9 minutes on foot, and Colchester Town Centre is accessible within 21 minutes. The area is well connected and popular with students, professionals, and company lets alike.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

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More information

  • Tenure

    Freehold

  • Council tax band

    E

See all recent sales in CO2

Property descriptions and related information displayed on this page are marketing materials provided by - Connells - Colchester. 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 Connells - Colchester for full details and further information.