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5 bedroom terraced house

Under offer
Terraced house
5 beds
2 baths
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • Stunning Historic Building
  • HMO Unit Included
  • Fantastic Freehold Opportunity
  • Tenants In Situ
  • Colchester Town Centre Location

Great investment opportunity to acquire this stunning historic building situated in Colchester's historic town centre.

An established local business occupies the retail unit on the ground floor who rent this out for c£10,000 per annum.

On first and second floors the property houses 5 bedrooms in a HMO set-up which brings in over £2,300 per month at present to give a healthy investment return on the unit.

Please contact Michaels Commercial to discuss further.



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About this agent

Michaels Property Consultants - Colchester
Michaels Property Consultants - Colchester
62 Head Street Colchester, Essex CO1 1PB
01206 988896
Full profileProperty listings
Positioned in the heart of this historic town, our offices take prime location in an elegant and beautifully restored early Victorian property, which sits on the prestigious Crouch Street. Crouch Street has for many years been awarded the accolade of being the ‘Little Hamptons’, the road is full of quaint and bespoke shops, adorable eateries and of course a great Property Consultants! Since opening our doors to business in March 2013, we have taken the town and surrounding area by storm. All staff are local to the area and they have a great understanding and insight into the local market conditions. All of our team have worked in property, within the town for many years and unlike any other agent, Michaels really does have brand loyalty. “There is nothing more rewarding than a potential customer asking us if we can provide them with the same service as we gave to their friend. I can’t tell you how passionate we are about Customer Care. That comment makes me happy.” Said Mike, one of the Company Directors. The whole ethos and ethic of the team is to advise, assist and guide clients through the process and to do this as seamlessly as possible. We think that our working environment and our staff, need to mirror our professional standards. We are working from a beautiful office building, in the best position in town and we have trustworthy and professional staff to support us.
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