30 Bed Detached House For Sale High Street, Colchester, CO1

£2,900,000- Detached

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Last Updated: 30th March 2024

Description

Portfolio of 5 houses situated in central Colchester, Essex with an approximate yield of 8%.

A fantastic opportunity to purchase this, ready to go, portfolio of five freehold houses in Colchester, Essex. The houses are all located in the CO1 and CO2 postcodes, are maintained to a high standard and fully occupied. The portfolio consists of four licensed HMO's and one privately rented house.

The current monthly rent is £19,285 rising to £19,415 over the coming months with further increases likely on an ongoing basis.

Further details, photos and floorplans are available upon request.
Agent Details
Nested
12-18 Theobalds Road London WC1X 8PL

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested