Hatcher Crescent, Colchester
- PROPERTY TYPE
Detached
- BEDROOMS
6
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- High-performing investment property with strong rental history
- Fully renovated approx. 4 years ago
- HMO Licence (6 occupants) renewed July 2023 - valid until July 2028
- Configurable as 5 bedrooms with dining room or 6 double bedrooms with living dining room.
- Furniture & appliances 4 years old, well maintained
- Repainted front windows & doors and interior (2024)
- Rental income averaging £2,450 pcm / £29,400 per annum
- 0.4 miles to Hythe Station (9-minute walk) - 0.9 miles to University of Essex (18-minute walk) - 1 mile to Colchester Town Centre (21-minute walk)
Description
SUMMARY
Whether you're an investor seeking a reliable income stream or looking to expand your portfolio with a ready-to-go HMO, this property offers strong fundamentals, good location, and a history of dependable returns.
DESCRIPTION
A fully licensed 5/6-bedroom HMO with strong rental history and consistent returns. Located within easy reach of the University, Town Centre and Hythe Station, this turnkey investment opportunity is ready for immediate income generation.
Hatcher Crescent is a well-maintained and high-performing investment property located in a sought-after residential area of Colchester. This freehold, fully licensed HMO has averaged £2,450 per month in rental income over the past four years and is ideally positioned for both student and professional lets.
Configured to suit either a five or six-bedroom layout, the property features a large shared living room, well-equipped kitchen, utility room, two bathrooms, and an additional ground-floor WC. The current HMO Licence (for up to 6 residents) was renewed in 2023 and is valid until July 2028, with all compliance work carried out in partnership with the local housing officer.
The location is excellent for attracting tenants. The University of Essex is an 18-minute walk away, Hythe Station is just 9 minutes on foot, and Colchester Town Centre is accessible within 21 minutes. The area is well connected and popular with students, professionals, and company lets alike.
1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Brochures
PDF Property ParticularsFull Details- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: E
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage,Driveway
- GARDENA property has access to an outdoor space, which could be private or shared.
- Back garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Hatcher Crescent, Colchester
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Visit our security centre to find out moreDisclaimer - Property reference CCH308369. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Connells, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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