House For Sale £550,000
***investment opportunity*** A rare opportunity to acquire a profitable rental property which is a licensed HMO. With a roi (return on investment) of nearly 10%, this spacious 8 bedroom house is conveniently located on Cowdray Avenue. Within striking distance of Essex University, Colchester's town centre and Colchester's North Station with direct links to London, this property offers boundless potential. There is also a large driveway providing off street parking for multiple vehicles as well as a garage. To the rear of the property there is a large sunny garden and an outbuilding, with electricity, currently being used as a work from home office space. There is also a further outbuilding providing extra storage space. Should you require further information or wish to arrange a viewing please do get in touch.
N.B The agent notes that the vendor is willing to manage the property for the first year free of charge.
N.B The agent notes that the vendor is willing to manage the property for the first year free of charge.
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