Mersea Road, Colchester 5 bed terraced house for sale

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Mersea Road, Colchester 5 bed terraced house for sale

Mersea Road, Colchester
£325,000

Our Summary

  • With Colchester’s rental market thriving and HMOs in central locations in short supply, this property has the potential to deliver north of 10% gross yield, making it an ideal addition to any serious investor’s portfolio
  • Investment Opportunity

Description

This rare and lucrative opportunity presents a fully-licensed five-bedroom HMO in a highly desirable and central location in Colchester, just minutes' walk from the city centre, mainline train station, and local parks. The 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 the rental market thriving in Colchester 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.