6 Bedroom HMO

Maldon Road, 
Colchester, 
Essex, 
CO3 3AQ
Purchase price
£312,500
  • Tenanted
ATTENTION INVESTORS! SPACIOUS 6 BEDROOM HMO PROPERTY LOCATED IN COLCHESTER. Sold with tenants in situ, fully managed and generating a high 6.43% net yield.
  • Financial Performance*
Gross rent
£38,520
Net income
£27,372
Gross yield
12.33%
Net yield
8.76%
  • Key Features
  • Tenanted Investment Oppurtunity
  • Fully Managed
  • Sold With Tenants In Situ
  • Fully Fitted Kitchen
  • Within Easy Reach of Amenities
  • Fantastic Transport Links
  • 6 Bedroom HMO
  • 7.82% Net Yield

Yieldit are pleased to offer to the market this fantastic 6-bedroom House in Multiple Occupation located in the thriving town of Colchester, Essex. This property offers a fantastic opportunity for investors seeking a high-yield rental venture in a prime location. The property consists of; entrance hallway, six good-sized bedrooms, two family bathrooms, one en-suite and a fully-fitted kitchen. Externally the property has access to a low maintenance enclosed back yard.

Located in Essex, Colchester is in an enviable position just 50 miles from London. The popular commuter town is connected with the capital by the A12 road and frequent services from Colchester Railway station and is conveniently just 30 miles from London Stanstead Airport. The historic town was named one of the top places to live in the UK in 2021 due to it’s beautiful coastline, countryside and culture offering. Property prices have increased by 5% in the last year and 10% since 2018 (Rightmove) which means the town is a great candidate for buy-to-let investment where rental demand will be high and offering great potential for capital growth.

Colchester is undergoing extensive projects of regeneration which will only add to it’s attraction as a place to live and work. The multimillion-pound projects include plans to revitalise the town centre, improve infrastructure and create roads, improve walking and cycling links around the centre and bring new trains and homes to the county. The town is already the largest employment centre in North Essex meaning there will certainly always be demand for this kind of property on the rental market. Don’t miss out and enquire today!

  • Financial Performance *
Gross rent
£38,520
Net income
£27,372
Gross yield
12.33%
Net yield
8.76%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating