5 St Mary’s Fields
Presenting an outstanding investment opportunity: a 6-bed, 2-ensuite HMO in sought-after Colchester, Essex. Designed for optimal rental potential, each unit offers comfort and privacy. With en-suite bedrooms, communal spaces, and modern amenities, it ensures convenience and comfort.
This HMO’s advantage lies in its proximity to amenities and transport links, making it an exceptional investment. Just a 6-minute walk from Culver Square Shopping Centre, tenants enjoy a plethora of dining, shopping, leisure, and convenience options. Colchester Town train station, a mere 16-minute walk away, connects tenants to a broader commuting and travel network. Don’t miss this opportunity for a promising investment in a prime location.
Property Specifics
- 6 Bedrooms
- 4 Bathrooms
- 800.00 ft
- Type: Fully Licensed and Operational 6 Bedroom HMO
Financial Overview
- Rent PCM: £3138
- Gross Yield: 7.53%
- Cash Purchase
What this property offers
Verification
Our verification tick shows that industry professionals have generated the estimates being shown. To generate the estimated yield and returns for the property we look at like-for-like units in similar areas as well as past data. Utilising these 2 areas, and a couple of others, we are happy we’re giving you the most accurate prediction for these properties. Should you have any questions about our estimates, please don’t hesitate to contact us.