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6 Bed HMO, Colchester, CO4 3LZ £325,000

Linden Close, Colchester, CO4 3LZ - 10 months ago
  1. Deal Search
  2. Colchester
  3. CO4
  4. CO4 3LZ
Sold STC
HMO
Outside Article 4
ROI: 4%
~186 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Colchester
  • More Deals in CO4
  • More HMO Deals
  • More HMO Deals in Colchester
  • More HMO Deals in CO4

Property History

Listed for £325,000

February 3, 2025

Sold for £210,500

2016

Floor Plans

Description

  • Licenced HMO +
  • Company let at £2550PCM, they pay the utilities +
  • Contract to 1st September 2026 with potential to renew +
  • 6 bedrooms +
  • Guide Price £325,000 - £350,000 +
  • Photos taken prior to current occupation +

* Guide price £325,000 - £350,000*

Located to the east of Colchester, this excellent opportunity presents a licensed HMO currently rented at £2,505 PCM, with the tenant company covering utility bills. The property, modernised and designed by the current owner to meet the requirements of the Essex Amenity Standards, boasts six bedrooms, one bathroom, and two shower rooms. For more details, please contact us to discuss further.

Currently let until 1st September 2026, with the possibility negotiating a renewal of the contract this property offers an excellent yield of 8.7 -9.1% based on our guide price.

Agent Details

TAUK, Covering Nationwide

020 3910 6171

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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