Summary - 15, Riverside Place CO1 2ZG
5 bed 3 bath Town House
**Standout Features:**
- Modern 5-bedroom town house, constructed post-2007
- Spacious living with a total of 1655 sq. ft.
- Open-plan kitchen and dining area with contemporary finishes
- Secure gated development with river walks nearby
- Currently tenanted, generating over £3,000 per month
- Close proximity to Colchester’s historical city center and train stations
- Attached garage for convenient parking
**Concerns:**
- Area has a high crime rate and is classified as deprived
- Broadband speeds are slow; mobile signal is average
- Above average council tax rates
Nestled in a desirable location by the River Colne, this modern 5-bedroom town house represents a rare investment opportunity with an established rental income, ideal for investors looking for a ready-to-run property. The open-plan kitchen and dining area create a warm, inviting environment, perfect for family gatherings. Enjoy the spacious principal suite on the top floor, along with two additional bedrooms and a versatile living room that can be utilized as a bedroom, catering to your lifestyle needs.
Although the area faces higher crime rates and slower internet speeds, its proximity to well-rated schools, parks, and the bustling town center compensates for these aspects, making it perfect for families and professional tenants alike. The property also promises flexibility for future renovations, amidst a secure and picturesque setting. Don't miss this unique chance to secure a solid investment within a vibrant community—this opportunity won’t last long!
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