Alexandra Road, Colchester, CO3
- PROPERTY TYPE
End of Terrace
- BEDROOMS
7
- BATHROOMS
2
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Freehold Investment In Central Colchester Location
- Fully Let 7 Bedroom HMO With Established Tenants
- Generating Approximately £45,480 Per Annum Income
- Arranged Over Four Storeys Including Basement
- Seven Spacious Double Bedrooms Throughout
- Two Shower Rooms Plus Separate Cloakroom
- Large Kitchen With Dual Ovens, Hobs & White Goods Included
- nclosed Rear Garden With Patio Area & Permit Parking Nearby
Description
19 Alexandra Road, Colchester, CO3 3DB.
* Guide Price £400,000 to £425,000 *
Situated in a prime central location within walking distance of Colchester city centre, this substantial end-of-terrace property presents an exceptional opportunity to acquire a fully licensed, freehold House in Multiple Occupation (HMO), offered as a ready-made, income-producing investment.
Arranged over four storeys, including a basement level, the property is configured as a 7-bedroom HMO and is let to established tenants, generating an annual income of approximately £45,480, representing an attractive and stable return for investors. The accommodation is well suited to professional tenants, comprising seven generous double bedrooms arranged across each floor. The front rooms on the upper levels benefit from attractive bay windows, enhancing both natural light and overall appeal.
The property is supported by two shower rooms—one of which has been newly refurbished and features a WC and basin—alongside an additional separate cloakroom for convenience. A standout feature is the large, well-equipped kitchen, designed specifically for multi-occupancy living. It benefits from dual ovens, hobs and sinks, with white goods included, ensuring practicality for tenants and ease of management for landlords.
The property has been well maintained, including the installation of a new boiler in 2023, and holds an EPC rating of D. Externally, the property enjoys a generous enclosed rear garden, mainly laid to lawn, complemented by a patio area ideal for tenant use. The garden is enclosed by a mixture of panel fencing and brick walls, with gated access leading to the front.
Permit parking is also available on the surrounding roads. Access to the property is versatile, with entry available directly to the first floor via an external staircase, as well as a separate entrance to the ground floor—an advantageous feature for HMO configuration and tenant independence. Located close to a wide range of local amenities, shops, restaurants and transport links, this is a rare opportunity to secure a high-yielding investment.
- 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.
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- 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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Alexandra Road, Colchester, CO3
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Visit our security centre to find out moreDisclaimer - Property reference 21165589. 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 Michaels Property Consultants Ltd, Colchester. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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