9 St. Marys Fields, Colchester, Essex, CO3 3BP
- Unconditional Online Sale
- Offers in Excess of : £380,000
- Bedrooms: 6
- Bathrooms: 4
- Reception Rooms: 1
Fully Licensed 6-Bed 4-Bath HMO (3 Ensuites) | £44,760 Annual Income | 11.78% Gross Yield | Prime Colchester Location | Near City Centre & Employers | Professional Tenants | Direct London Rail Links
Description
This well-presented, fully compliant 6-bedroom HMO—featuring four bathrooms with three ensuite rooms and an additional WC—offers a compelling high-yield investment opportunity in a prime Colchester location. Fully tenanted by working professionals, the property generates £44,760 in annual rental income, delivering a strong gross yield of 11.78% with stable occupancy and dependable cash flow. Ideally positioned close to Colchester city centre, major employers, and a wide range of local amenities, the property benefits from consistently strong demand from professional tenants. Direct rail connections to London Liverpool Street, together with convenient access to the A12 and A120, further enhance its appeal to commuters and working professionals. Supported by continued investment in the city centre, housing, and local infrastructure, the area is well positioned to sustain tenant demand and future growth. This asset represents a resilient, income-generating investment with excellent yield potential and attractive long-term growth prospects in one of Essex’s most established rental markets.
Income Breakdown (Monthly)
| Room 1: £700 |
| Room 2: £590 |
| Room 3: £540 |
| Room 4: £665 |
| Room 5: £665 |
| Room 6: £540 |
| Garage: £30 |
| Total Monthly Income: £3,730.00 |
| Total Annual Income: £44,760.00 |
Expenditure Breakdown (Monthly):
| Gas: £281 |
| Electric: £168 |
| Water: £127 |
| Council Tax: £287 |
| TV Licence: £13 |
| Broadband: £30 |
| Cleaner (Weekly Clean): £208 |
| Gardening: £16 |
| Fire Alarm Service: £28 |
| Managemennt (12.5%): £466 |
| Total Monthly Expenditure: £1,624.00 |
| Total Annual Expenditure: £19,491.00 |
Investment Performance:
| Net Annual Income: £25,269.00 |
| Gross Yield: 11.78% |
| Net Yield: 6.65% |
Committed Sale Process
This property is offered for sale via the HMO X Committed Sale process. Buyers are advised to review the full Terms & Conditions of sale and all documentation contained within the legal pack before making an offer.
If your offer is accepted, a £3,500 reservation deposit will be required to secure the property and remove it from the market. The deposit is not a buyer’s fee and will be credited toward the purchase price on exchange.
Full details of the Committed Sale process are available within the legal pack or from the HMO X team.
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Financing
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