High-Yield 6-Bed HMO & Flat in Colchester: Over 10% Return!
Cowdray Avenue, Colchester, Essex, CO1
6 Beds
3 Baths
2 Reception
Guide Price
£500,000
Six Bedroom HMO & One Bedroom Self Contained Flat
Yield of Over 10%
Ample Parking
Easy Access to City Centre
Close To Colchester Mainline Station
Popular Location
Fantastic Investment Opportunity
** GUIDE PRICE £500,000 - £550,000 ** Discover an outstanding investment opportunity on Cowdray Avenue, Colchester. This property is intelligently configured to maximise rental income, featuring a six-bedroom House in Multiple Occupation (HMO) alongside a separate, self-contained one-bedroom flat. This dual-income stream setup is designed to deliver an impressive yield of over 10%, making it highly attractive for discerning investors.
The HMO component provides six well-proportioned bedrooms and three modern bathrooms, catering to strong demand for shared accommodation. The self-contained one-bedroom flat offers independent living, enhancing overall rental potential. Ample parking is a significant advantage. The superb location offers easy access to Colchester city centre and is conveniently close to Colchester Mainline Station, providing excellent transport links. Situated in a popular area with strong local amenities, this property presents a fantastic investment opportunity. Early viewing is highly recommended.
Entrance Porch
Entrance door, double glazed window, further door to:
Hallway
Understairs storage cupboard, stairs rising to the first floor landing, doors leading off
Bedroom 10'8" x 13'5"
Double glazed window, radiator
Bedroom 15'4" x 10'1"
Double glazed window, radiator
Kitchen 8'8" x 12'11"
Wall and base level units, sink and drainer with mixer tap over, oven and hob, extractor fan, worktops, space for appliances, opening to:
Dining Room 7'11" x 13'6"
Double glazed windows and door, radiator
Bedroom 8' x 18'5"
Double glazed window, radiator
Bedroom 9'6" x 11'10"
Double glazed window, radiator
Bathroom 5'2" x 5'2"
Double glazed window, low level WC, wash hand basin, bath with shower over, radiator
Utility Room 8'10" x 4'
Worktops, sink, space for appliances
First Floor Landing
Storage cupboard, doors leading off
Cloakroom 2'6" x 4'8"
Double glazed window, low level WC, wash hand basin
Bedroom 10'10" x 13'5"
Double glazed window, radiator
Bedroom 15'2" x 10'1"
Double glazed windows, radiator
Lounge 8'9" x 10'7"
Double glazed window, radiator, opening to:
Kitchen 15'6" x 10'4"
Double glazed windows, wall and base level units, sink and drainer with mixer tap over, oven and hob, extractor fan, worktops, space for appliances
Bathroom 5'1" x 5'9"
Low level WC, wash hand basin, bath with shower over, radiator
Bathroom 5'6" x 5'7"
Double glazed window, low level WC, wash hand basin, bath with shower over, radiator
Rear Garden
Fully enclosed and private, low maintenance, sheds
Front of Property
Off road parking for multiple vehicles
Agents note: Anti-Money Laundering (AML) Compliance
As part of our commitment to meeting UK Anti-Money Laundering (AML) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf. A small verification fee applies for each purchaser.
These checks must be fully completed and verified before we are able to progress with your purchase.
EPC 1
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