Sydney Villa, 124 Swan Street, Sible Hedingham, Halstead, Essex, CO9 3HP
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
8
- SIZE
Ask agent
- 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
- Freehold
- By appointment with the auctioneers
Description
HMO INVESTMENT: HIGH QUALITY 75% LET HMO IN POPULAR VILLAGE WITH POTENTIAL INCOME OF £66,000 P.A. REPRESENTING YIELD OF 11.5 % OF THE GUIDE PRICE
A freehold HMO in a popular village location. The main building includes well presented and maintained communal facilities as well as 6 rooms that are all let and producing a monthly income of £4,200 (£50,400 per annum). In addition to the main dwelling there is an annex which currently provides a two bedroom home and a storage facility. It is considered that if the properties were re-let could offer an improved income of around £66,000 per annum which would represent a yield of around 11.5 % of the guide price. The vacant annex also benefits from planning permission to convert into a two bedroom two storey dwelling independent from the main house.
Ground Floor
Entrance Hall
Room One - 217 sq ft
Room Two - 222.8 sq ft
Room Three - 187.3 sq ft with ensuite 33.3 sq ft
Communal Kitchen - 127sq ft
Shower Room - 36.6 sq ft
Utility Room - 60.3 sq ft
First Floor
Room Four - 163.6 sq ft
Room Five - 243.3 sq ft with ensuite 36.6 sq ft
Room Six - 221.7 sq ft
Communal Bathroom - 110.8 sq ft
Separate WC - 25.8 sq ft
Basement - 255 sq ft
The Annex- approx 540 sq ft including:
Lounge
Kitchen
Shower Room
Two first floor bedrooms
Vacant store building: approx 420 sq ft incuding:
Store room one
Store room two
The property benefits from residents parking and communal gardens. The property is presented and maintained to a high standard. It is considered that this coupled with the popular village location will continue to attract professional renters.
We are advised that all rooms are let on assured short hold tenancies for the below rents. For further details please refer to the legal pack.
Room One - £650 pcm
Room Two - £725 pcm
Room Three - £725pcm
Room Four - £700pcm
Room Five - £750 pcm
Room Six - £650 pcm
Annex part 1- Vacant
Annex part 2- Vacant
Total Monthly Income £4,200
Total Annual Income £50,400
It is considered that the above rent could be improved if all vacant parts are occupied.
Please see below details of the proposed accommodation for the annex in accordance with the permission granted by Braintree District Council on 22nd May 2025
Ground Floor-Lounge - 185 sq ft, Dining Room/Kitchen - 150.6 sq ft
First Floor- Bedroom - 125.9 sq ft, Study - 57 sq ft, Bathroom
Courtyard Garden - 439 sq ft
For full details relating to current approved permission please visit the Braintree District Council planning portal using reference 25/00545/FUL.
For all other planning enquiries please contact Braintree District Council on .
Main House E
Annex E
Brochures
Legal Documents- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- 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
Energy performance certificate - ask agent
Sydney Villa, 124 Swan Street, Sible Hedingham, Halstead, Essex, CO9 3HP
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Visit our security centre to find out moreDisclaimer - Property reference 308093. 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 Dedman Gray Auctions, Essex. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dedman Gray Auctions, Essex on 01702 311010.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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