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Broome Grove, Colchester, CO7 9

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Investor buyers only- Approximate 5.5% yield (FREEHOLD)
  • Long term tenants in situ
  • Income from day one of ownership
  • Close proximity to the University of Essex Colchester Campus
  • Sought after Wivenhoe location
  • Three bedrooms
  • Lounge/Diner
  • Fitted Kitchen
  • Garage and Driveway
  • Local amenities on the doorstep

Description

An excellent investment opportunity located approximately one mile from the University of Essex Colchester Campus, ensuring strong and consistent rental demand. The property is also conveniently located close to local amenities, transport links and popular attractions, further enhancing its appeal to tenants.

The accommodation comprises three well-proportioned bedrooms and a first-floor family bathroom. The ground floor offers a fitted kitchen and a spacious lounge/diner, providing practical and desirable living space for professional sharers, families or student tenants.

Externally, the property benefits from an enclosed rear lawned garden, off-road parking to the front, and a single garage with internal access to the main house, all features that continue to attract long-term tenants and support strong occupancy levels.

Importantly, the property is being sold with long-term tenants in situ, who have been in residence for several years and have recently signed a new tenancy agreement. This provides immediate rental income and eliminates void risk for an incoming investor.

This Freehold house is currently offering a rental yield of approximately 5.5%

A ready-made, income-producing asset in a proven rental location.

Porch

Entrance Hall

Kitchen

Lounge/Diner

Landing

Master Bedroom

Bedroom two

Bedroom Three

Bathroom

Garage

Rear Garden

Front Garden

Agents Note

The property is for sale to Investor Buyers only, as being sold with Tenants in Situ.

We understand the property to be FREEHOLD, Council Tax Band C

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Broome Grove, Colchester, CO7 9

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Renovation potential
Recently sold & under offer
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About Dwello, Nationwide

8 Deben Mill Business Centre, Old Maltings Approach, Woodbridge, Suffolk, England, IP12 1BL

A Smarter Way to Move

At Dwello, we're shaking up the property market to make moving simpler, faster, and stress-free. Whether you're buying or selling, we connect all the key services - estate agency, conveyancing, mortgages, and more -in one seamless process. No endless back-and-forths, no unnecessary delays - just smart solutions designed to get you moving.

Our team knows the local market inside out, combining real expertise with the latest technology to help you achieve the best possible outcome. Plus, with transparent communication and a people-first approach, you'll always feel in control of your move.

We're on a mission to cut the time it takes to buy or sell in half. Ready to get started? Let's talk.

Affordability

Monthly repayments£1,369
Property: £ 300,000
Deposit: £ 30,000
Interest rate: 4.5%
Term: 30 years
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Disclaimer - Property reference RX744738. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dwello, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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