* GUIDE PRICE £280,000 - £300,000 *
Palmer & Partners are pleased to offer to the market WITH NO ONWARD CHAIN this house of multiple occupancy, comprising of; five bedrooms, two communal bathrooms, kitchen and generous sized rear garden. The property currently has a valid HMO licence with each bedroom having the potential to rent for £500 PCM, generating a combined annual income of £30,000 which makes an exceptional investment with a rental yield of 10-12%.
With regards to the location, the property is situated in a convenient position to the north-east of Colchester's historic town centre providing excellent access to local schools, shops and amenities, as well as being within easy reach of the Hythe train station with its mainline links to London Liverpool Street.
Palmer and Partners would strongly advise an early internal viewing to avoid disappointment.
EPC: D
Agent Details
Palmer & Partners, Colchester
01206 586084
Next Steps?
This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪
Similar Properties
Like this property? Maybe you'll like these ones close by too.