5-bedroom house · CO4 3BE
Listing removedListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £280,000 | £290,000 Exceptional Investment Opportunity – Licensed Five-Bedroom HMO Situated in one of Colchester's most sought-after investment locations, this fully licensed five-bedroom HMO offers an outstanding opportunity to acquire a high-yielding property within easy walking distance of the University of Essex.
Currently generating an income of **£1,950 pcm**, with tenants responsible for all utility bills and council tax, the property provides an attractive, low-maintenance investment.
Already let for the forthcoming academic year, it offers immediate rental income and excellent long-term investment potential.
Ideally positioned just a **two-minute walk from Hythe Railway Station**, the property benefits from direct rail links to London, making it equally appealing to students, university staff and young professionals.
The University of Essex is also only a short walk away, ensuring strong and consistent tenant demand year after year.
Set back from the main road, the property enjoys a quieter position while remaining exceptionally convenient for local amenities and transport links.
A further advantage is the valuable **off-road parking**, a highly desirable feature that enhances both tenant appeal and future marketability.
The accommodation has been thoughtfully arranged for modern shared living and comprises five well-proportioned bedrooms, a spacious fitted kitchen/dining room, a family bathroom, together with an additional shower room and separate WC.
Externally, the property benefits from a low-maintenance tiered rear garden with patio seating areas, providing an attractive outdoor space for tenants to enjoy.
Combining a prime university location, excellent transport connections and reliable rental income, this is a superb turnkey investment opportunity with immediate returns.
The property is connected to mains, Electric, Gas, Water & Drainage, however buyers are advised to verify that the property is connected to mains utilities and to confirm all services independently”.
Council tax band B Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 178b, St. Andrews Avenue, Colchester
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