£270,000
4 bed flat for saleMeachen Road, Colchester, Essex CO2
4 beds
3 baths
1 reception
EPC Rating: D
Just added
Chain free
Leasehold
About this property
Four Bedroom Duplex Apartment
Kitchen/Diner/Living Room
En Suite To Master Bedroom
HMO With Tenants In Situ
11% yield
Close to University & Hythe Station
No Onward Chain
High-Yield 4-Bed Duplex Apartment, Colchester, 11% ROI
Presenting a superb investment opportunity, this four-bedroom duplex apartment on Meachen Road, Colchester, offers an impressive 11% yield with tenants already in situ. This HMO property is ideally positioned for investors seeking a robust return and a hassle-free acquisition, being offered with no onward chain.
The apartment features a generously proportioned open-plan kitchen/diner/living room, creating a versatile social hub. Accommodation includes four well-sized bedrooms, with an en suite shower room to the master, plus a further two bathrooms. Its status as a House in Multiple Occupation (HMO) with existing tenants guarantees immediate rental income.
Location is key, and this apartment benefits from an excellent position close to the University of Essex, making it highly desirable for student tenants or university staff. Furthermore, its proximity to Hythe Station provides convenient transport links, enhancing its appeal to a broader range of tenants and ensuring easy access to Colchester town centre and beyond.
This property represents a rare chance to acquire a high-performing investment with established income and significant growth potential in a popular Colchester location. Its combination of a strong yield, desirable features, and strategic location makes it an unmissable prospect for discerning investors. Early viewing is highly recommended.
Entrance Hallway
Entrance door, stairs rising to the first floor landing, doors leading off
Kitchen 7'4" x 19'3"
Double glazed window, wall and base level units, sink and drainer with mixer tap over, oven and hob, worktops, space for appliances
Bedroom 14'8" 9'4"
Double glazed window, radiator, door to:
En Suite 5'2" x 5'2"
Low level WC, wash hand basin, shower cubicle, radiator
Bedroom 11'6" x 7'7"
Double glazed windows, radiator
Bedroom 9'3" x 11'2"
Double glazed window, radiator
Bathroom 5'11" x 10'9"
Low level WC, wash hand basin, bath with shower over, radiator
First Floor Landing
Doors leading off
Bedroom 11'11" x 10'5"
Double glazed window, radiator
Shower Room 7'2" x 9'2"
Low level WC, wash hand basin, shower cubicle, radiator
Parking
Allocated parking
Agents note: Anti-Money Laundering (aml) Compliance
As part of our commitment to meeting UK Anti-Money Laundering (aml) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf. A small verification fee applies for each purchaser.
These checks must be fully completed and verified before we are able to progress with your purchase.
Presenting a superb investment opportunity, this four-bedroom duplex apartment on Meachen Road, Colchester, offers an impressive 11% yield with tenants already in situ. This HMO property is ideally positioned for investors seeking a robust return and a hassle-free acquisition, being offered with no onward chain.
The apartment features a generously proportioned open-plan kitchen/diner/living room, creating a versatile social hub. Accommodation includes four well-sized bedrooms, with an en suite shower room to the master, plus a further two bathrooms. Its status as a House in Multiple Occupation (HMO) with existing tenants guarantees immediate rental income.
Location is key, and this apartment benefits from an excellent position close to the University of Essex, making it highly desirable for student tenants or university staff. Furthermore, its proximity to Hythe Station provides convenient transport links, enhancing its appeal to a broader range of tenants and ensuring easy access to Colchester town centre and beyond.
This property represents a rare chance to acquire a high-performing investment with established income and significant growth potential in a popular Colchester location. Its combination of a strong yield, desirable features, and strategic location makes it an unmissable prospect for discerning investors. Early viewing is highly recommended.
Entrance Hallway
Entrance door, stairs rising to the first floor landing, doors leading off
Kitchen 7'4" x 19'3"
Double glazed window, wall and base level units, sink and drainer with mixer tap over, oven and hob, worktops, space for appliances
Bedroom 14'8" 9'4"
Double glazed window, radiator, door to:
En Suite 5'2" x 5'2"
Low level WC, wash hand basin, shower cubicle, radiator
Bedroom 11'6" x 7'7"
Double glazed windows, radiator
Bedroom 9'3" x 11'2"
Double glazed window, radiator
Bathroom 5'11" x 10'9"
Low level WC, wash hand basin, bath with shower over, radiator
First Floor Landing
Doors leading off
Bedroom 11'11" x 10'5"
Double glazed window, radiator
Shower Room 7'2" x 9'2"
Low level WC, wash hand basin, shower cubicle, radiator
Parking
Allocated parking
Agents note: Anti-Money Laundering (aml) Compliance
As part of our commitment to meeting UK Anti-Money Laundering (aml) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf. A small verification fee applies for each purchaser.
These checks must be fully completed and verified before we are able to progress with your purchase.
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Monthly repayment
£1,350 per month
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More information
Tenure
Leasehold (974 years)
Service charge
Council tax band
D
Ground rent
Ground rent date of next review
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