Guide price
£325,000
5 bed end terrace house for saleNicholsons Grove, Colchester, Essex CO1
5 beds
2 baths
1 reception
EPC Rating: D
Just added
Freehold
About this property
HMO Currently Licensed
5 Let Rooms
£2890 Monthly
Gross Yield at £332,500 = 10.4%
Let by Leaders
Price Range £325,000 to £340,000
Attention Investors. This current HMO is offered for sale immediatley and fully licensed.
It currently has all rooms occupied and brings in a monthly income of £2,785.
Based on the middle of the range that means a gross yield of 10.4%.
Great opportunity for a new investor to have an 'oven ready' property or for an established investor to increase their portfolio.
Entrance Hall
Communal Kitchen / Diner
Bedroom
First Floor
Landing
Bedroom
Bedroom
Shower Room
2nd Floor
Landing
Bedroom
Bedroom
Bathroom
Outside
There is a small garden and driveway parking.
Attention Investors. This current HMO is offered for sale immediatley and fully licensed.
It currently has all rooms occupied and brings in a monthly income of £2,785.
Based on the middle of the range that means a gross yield of 10.4%.
Great opportunity for a new investor to have an 'oven ready' property or for an established investor to increase their portfolio.
Entrance Hall
Communal Kitchen / Diner
Bedroom
First Floor
Landing
Bedroom
Bedroom
Shower Room
2nd Floor
Landing
Bedroom
Bedroom
Bathroom
Outside
There is a small garden and driveway parking.
Mortgage calculator
Monthly repayment
£1,625 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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