### Standout Features:
- **Type**: Semi-Detached Victorian home
- **Size**: 1408 sq ft
- **Bedrooms**: 6 (ideal for students or large families)
- **Bathrooms**: 2
- **Garden**: Enclosed with rustic landscaping, backing onto Old Heath Recreational Ground
- **Location**: Central Colchester, close to amenities and transport links
- **Potential**: Licensed HMO with planning permission to extend
- **Investment**: Predicted gross income of £35,580/year, yielding 9.78%
### Summary Description:
This charming Victorian semi-detached house is a fantastic investment opportunity located near the heart of Colchester. With a configuration of six bedrooms and two bathrooms spread across three floors, it is perfectly suited for student accommodation or a large family looking for space and convenience. The property features classic elements like bay windows and solid brick walls while offering potential for modernization.
Its practical layout includes a cozy sitting room and a well-equipped kitchen leading to a modest, private garden, perfect for outdoor relaxation. Backing onto the Old Heath Recreational Ground, this property provides a tranquil backdrop just moments away from vibrant town amenities, including shops, restaurants, and excellent transport links—making London reachable in approximately 46 minutes.
Investors will appreciate the 9.78% yield potential from current student tenants, capitalizing on the nearby university and colleges. With planning permission for extension, there’s plenty of scope to add value in the future. This property offers the perfect blend of comfort, utility, and investment potential in a desirable and affluent area. Don't miss out on this unique opportunity—properties like this don't stay on the market for long!
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