St Johns Road, Colchester

Property Details: • Type: Detached • Tenure: N/A • Floor Area: N/A

Key Features: • Quality HMO Investment • North Colchester Location • Superbly Presented • Ten Rooms To Let • Two Kitchens • External Comunal Sitting Room • Good Access To A12 • Bus Service Close By • Supermarket Close By • Keys to View

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 22d Victoria Place, Brightlingsea, CO7 0BX

Full Description: Guide Price: £695,000 A chance to acquire this fully let and high standard HMO investment opportunity. The property comprises 10 studios generating an annual income of £64,776 per annum yielding a return in excess of 9%. Additional benefits include ample parking, communal gardens with various storage sheds, social day room with seating, and two communal kitchens. Stoneridge Estate Agents currently manage the building and therefore can confirm the condition, daily running and tenants are of the highest quality. Further information is available upon request. EPC - CStudio 1 £484.00 PCMStudio 2 £475.00Studio 3 £507.00 PCMStudio 4 £460.00 PCMStudio 5 £500.00Studio 6 £464.00Studio 7 £700.00 PCMStudio 8 £465.00 PCMStudio 8A £643.00 PCMStudio 9 £700.00Agents Note Agents note: As of 5th March 2024 all rent were up to date and therefore there were / are no rent arrears relating to any tenancy. EPC - C