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

A rare and lucrative opportunity has emerged in Colchester, a fully-licensed five-bedroom HMO located in a highly desirable and central area, just minutes' walk from the city centre, mainline train station, and local parks. This spacious property features two generously sized double bedrooms on the ground floor, a well-equipped kitchen, and a comfortable communal living area, perfect for tenant satisfaction and retention. With three additional double bedrooms, including an en-suite, and a modern communal shower room upstairs, the property offers a high level of comfort and practicality. The secluded and enclosed communal garden to the rear provides an added lifestyle benefit, 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 strong gross yield of over 10%, making it an ideal addition to any serious investor's portfolio.