5 bed semi-detached for sale

A perfectly located HMO situated in the village of Wivenhoe, Colchester, Essex.

The property has 5 bedrooms, 2 bathrooms, appropriately specified large kitchen (2 x sinks, 2 x cookers (1 gas 1 electric). 4 double bedrooms & 1 single bedroom (1st floor 2 doubles + 1 single and Ground floor 2 x doubles). 2 x communal areas. First floor bathroom has WC + shower over bath. Ground floor bathroom has WC + shower.

Small low maintenance garden with large high quality shed and a small shed. Off road parking for 3 cars, + on road parking for 3 cars.

Worcester Bosch Greenstar 28 CDI COMPACT ErP NG boiler, manufacturers guarantee until 22/05/2028.
The house is set up as an HMO with self closing fire doors, interlinked alarms etc ... meeting the local authority requirements. In July 2018 a 3 year lease commenced. At that time an HMO license was not mandatory, and the number or storeys exempt the property.

The house is situated in Wivenhoe, Colchester, Essex. 1 mile from Essex University.

The property is currently leased as an entire unit (ends Aug 2021) £17400/annum. Outgoings are just insurance & maintenance (Approx £500/annum.
If rented out as five single rooms income (prior to lease) was £24,240/annum