7-bed licensed, fully let (with guarantors) & managed professional HMO for sale in Mile End, Colchester

Pictures

Location

  • Address: Hakewill Way, Colchester CO4 5FY ///eggs.moves.curve
  • 7 min walk to 24 hour Asda superstore + Turner Rise Retail Park
  • 7-10 min walk to Colchester General Hospital
  • 9 min walk to Colchester North Station (4 min if walking at a ‘determined’ pace)
  • 5 min drive to A12
  • University of Essex is 18 min by bicycle18 min by car and 41 min by bus
  • Major bus routes within a few minutes walk
  • Quiet residential cul de sac
  • 1.5x off street parking bays + free on street parking (no permit needed)

Property

  • Freehold
  • 7x large dual aspect bedrooms (5x large doubles + 2x large en suites)
  • Separate kitchen, separate lounge, ground floor cloakroom + 2x 3-piece bathrooms (1x on first floor + 1x on 2nd floor)
  • Easy to maintain garden
  • Garage + car port
  • Fully managed since 2017 (on guaranteed rent terms – enquire for details) by Asset Workshop Limited
  • Gross internal area: approximately 2,130 sqft
  • Purchase price: £625,000

Video walkthroughs

Income

  • All residents are working professionals with guarantors on long-term ASTs
  • Current rent roll is £3,610 per month
  • Fully managed since 2017 (on guaranteed rent terms – enquire for details) by Asset Workshop Limited

Expenses

  • Gas & electricity (2nd generation SMETS2 smart meters fitted for both gas and electricity) £280 per month
  • Council tax £257 per month
  • Water (metered) £77 per month

Floor plan

A pdf floor plan is available here.

Licence, certificates etc

Inventories

Next step

For any questions and to agree next steps please call / WhatsApp / Telegram Ivan on 07542356483 any time.