- HMO INVESTMENT +
- AVERAGE INCOME OF £2940 PCM +
- EXCELLENT LOCATION +
- CLOSE TO AMENITIES +
- CLOSE TO HYTHE STATIONS & TRANSPORT LINKS +
- NO ONWARD CHAIN +
SUMMARY
An exceptional opportunity to acquire a high-performing House in Multiple Occupation (HMO), situated in the sought-after residential enclave of Colchester.
DESCRIPTION
An exceptional opportunity to acquire a high-performing House in Multiple Occupation (HMO), situated in the sought-after residential enclave of Hatcher Crescent, Colchester. This substantial freehold property presents a compelling proposition for investors seeking a turnkey asset with a proven rental history and enduring tenant appeal.
The property comprises five generously proportioned bedrooms, lounge, a well-appointed kitchen, utility room, ensuite, bathrooms and an additional ground-floor WC. The layout is conducive to both student and professional occupancy, with ample communal space and modern amenities throughout.
With consistent occupancy and a robust rental yield, Hatcher Crescent represents a rare blend of stability and growth potential. Its proximity to key institutions and transport links ensures sustained demand, offering peace of mind for discerning investors.
Nestled within a quiet crescent in the Hythe district, the property benefits from immediate access to local amenities, green spaces, and public transport. The University of Essex and Colchester Town Centre are within walking distance, enhancing its appeal to both academic and working tenants.
Entrance Hall
Lounge 9' 11" x 16' ( 3.02m x 4.88m )
Bedroom Five 8' 8" x 9' 9" ( 2.64m x 2.97m )
Kitchen 7' 1" x 16' 2" ( 2.16m x 4.93m )
Utility Room 5' 6" x 8' 10" ( 1.68m x 2.69m )
First Floor
Bedroom One 9' 7" x 12' 10" ( 2.92m x 3.91m )
En-Suite
Bathroom
Bedroom Two 10' x 11' 5" ( 3.05m x 3.48m )
Second Floor
Bedroom Four 9' 6" x 13' 2" ( 2.90m x 4.01m )
Bedroom Three 10' x 13' 2" ( 3.05m x 4.01m )
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.