**Key Features:**
- Five-bedroom end-terrace house with current HMO license, generating £2,025/month in rental income.
- Ideal location near Essex University and Colchester Hythe Train Station.
- Spacious layout offers flexible living spaces, with potential for a family home or continued rental investment.
- Modern conveniences include a rear garden, a detached garage, and double glazing.
This five-bedroom terraced home is not only a sound investment opportunity but also a lifestyle choice, ideally situated in a vibrant cosmopolitan student neighborhood, perfect for both families and buy-to-let investors. The spacious layout features four generous bedrooms and a reception room that can be transitioned as needed, making it adaptable to various living arrangements. Residents will appreciate the proximity to local amenities and transport links to Colchester City center, providing convenience for daily life.
Currently set up as a licensed house of multiple occupation (HMO) with four tenants, this property offers immediate rental income. The modern, low-energy features, such as double glazing and efficient heating, contribute to overall comfort while keeping utility costs manageable. The decent-sized rear garden provides a private outdoor space, along with a detached garage for added storage and parking flexibility.
While the area does present some challenges with average crime rates and certain local deprivation indicators, it remains a popular choice among students and young professionals due to its accessibility and amenities, including schools with good and outstanding Ofsted ratings. This property presents an exceptional opportunity that’s likely to attract interest quickly—don’t miss out on capitalizing on its full potential!
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