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Harsnett Road, Colchester CO1 6 bed semi
Harsnett Road, Colchester CO1
£365,000
Harsnett Road, Colchester CO1
£365,000
Our Summary
- An investment opportunity to purchase a property with a predicted gross income of £35,580 a year, yielding 9
- Tenure: FreeholdLocal Authority: Colchester City CouncilCouncil Tax: Band CEPC: Band DLicenced HMOPotential to extend
Description
This is an excellent investment opportunity to purchase a well-managed property that has been continuously rented for 25 years, yielding a potential gross yield of 9.78%. The property is located close to the town centre of Colchester, near the city's railway station and university, making it an attractive option for students. The property features six study bedrooms, three shower rooms, and a kitchen, spread over three floors. The property has a hard-standing front garden and a rear garden backing onto Old Heath Recreational Ground. The current predicted 12-month gross income is approximately £35,700, making it an attractive option for investors looking for a steady return. The property is available to purchase as a furnished tenanted property, providing a hassle-free investment opportunity.