A rare and lucrative opportunity has arisen in Colchester, a fully-licensed five-bedroom HMO located in a highly desirable and central area, just minutes' walk from the city centre, train station, and parks. This spacious property features two double bedrooms on the ground floor, a well-equipped kitchen, and a comfortable communal living area, perfect for tenant satisfaction and retention. Upstairs, there are three additional double bedrooms, including an en-suite, and a modern communal shower room. The property also boasts a secluded and enclosed communal garden, ideal for relaxation and socializing. With Colchester's rental market thriving and HMOs in central locations in short supply, this property has the potential to deliver a gross yield of over 10%, making it an ideal addition to any serious investor's portfolio. Fully compliant and well-maintained, it's an asset that offers both strong cash flow and capital growth in a high-demand area.