This three-story residence is a rare investment opportunity, currently rented as a HMO with full occupancy to all five rooms under professional lets. The property has been recently refurbished and is conveniently located near Essex University, Tesco, and local bus services. The ground floor features a bedroom, shower room, and WC, while the first floor has two bedrooms and a kitchen/diner. The third floor boasts three further bedrooms and a bathroom. The property is currently generating £2535 PCM until September 2025, with a net income of £2100 PCM after all utility bills and expenses. The new buyer will need to apply for a new HMO licence, which costs approximately £1000 for five years. Alternatively, the property could be converted to a four-bedroom home, eliminating the need for a licence. The property features updated appliances, laminated flooring in the bedrooms, and an integrated fire alarm system. With its high yield and turnkey condition, this property presents an excellent opportunity for investors seeking a hassle-free income stream.