Summary - 10, VINEYARD STREET CO2 7DG
5 bed 5 bath Apartment
**Standout Features:**
- Freehold investment portfolio priced between £725,000-£775,000
- Generates an impressive annual income of £60,000
- Located in a rapidly growing area of Colchester City Centre
- Comprises three occupied commercial units and five self-contained flats
- Proximity to the University of Essex and mainline rail station (56-minutes to London)
**Concerns:**
- Area classification indicates high crime rates; potential investors should consider
Step into a lucrative investment opportunity with this remarkable freehold portfolio situated in the vibrant Colchester City Centre. This property, priced at £725,000-£775,000, boasts a strong annual income of £60,000, stemming from three occupied commercial units and five self-contained flats. Each flat, designed for modern living, includes one-bedroom configurations and studio layouts, all featuring open-plan lounge/kitchen spaces and shower rooms. The commercial units come equipped with WC facilities, enhancing their functionality.
Colchester has seen incredible growth, with its population expanding significantly in recent years. The presence of the University of Essex adds allure to this cosmopolitan neighborhood, making it a prime location for rental opportunities. While the area does face high crime rates and is categorized as deprived, it offers excellent mobile and broadband connectivity, making it appealing for students and professionals alike. This unique offering presents not just a home but a gateway to financial gain in one of Britain's fastest-developing cities—don’t miss out on this exceptional investment chance!
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