This well-managed investment property has been continuously rented for 25 years, generating a gross income of approximately £38,160 per year from 12-month student tenancies, resulting in a gross yield of 10.6%. The property features three floors of accommodation, including one bedroom flats, a studio apartment, and a living room/kitchen and bathroom. Located near the city centre of Colchester, it's close to shops, restaurants, and amenities, as well as the town railway station and university. The property has a small storage area and three parking bays to the rear, and each flat has its own gas boiler providing central heating. With a freehold tenure and potential to extend, this furnished tenanted property is an excellent opportunity for investors.