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Meachen Road, Colchester, Essex, CO2

PROPERTY TYPE

Apartment

BEDROOMS

4

BATHROOMS

3

SIZE

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

Key features

  • Four Bedroom Duplex Apartment
  • Kitchen/Diner/Living Room
  • En Suite To Master Bedroom
  • HMO With Tenants In Situ
  • 11% yield
  • Close to University & Hythe Station
  • No Onward Chain

Description

Presenting a superb investment opportunity, this four-bedroom duplex apartment on Meachen Road, Colchester, offers an impressive 11% yield with tenants already in situ. This HMO property is ideally positioned for investors seeking a robust return and a hassle-free acquisition, being offered with no onward chain.

The apartment features a generously proportioned open-plan kitchen/diner/living room, creating a versatile social hub. Accommodation includes four well-sized bedrooms, with an en suite shower room to the master, plus a further two bathrooms. Its status as a House in Multiple Occupation (HMO) with existing tenants guarantees immediate rental income.

Location is key, and this apartment benefits from an excellent position close to the University of Essex, making it highly desirable for student tenants or university staff. Furthermore, its proximity to Hythe Station provides convenient transport links, enhancing its appeal to a broader range of tenants and ensuring easy access to Colchester town centre and beyond.

This property represents a rare chance to acquire a high-performing investment with established income and significant growth potential in a popular Colchester location. Its combination of a strong yield, desirable features, and strategic location makes it an unmissable prospect for discerning investors. Early viewing is highly recommended.

Entrance Hallway
Entrance door, stairs rising to the first floor landing, doors leading off

Kitchen 7'4" x 19'3"
Double glazed window, wall and base level units, sink and drainer with mixer tap over, oven and hob, worktops, space for appliances

Bedroom 14'8" 9'4"
Double glazed window, radiator, door to:

En Suite 5'2" x 5'2"
Low level WC, wash hand basin, shower cubicle, radiator

Bedroom 11'6" x 7'7"
Double glazed windows, radiator

Bedroom 9'3" x 11'2"
Double glazed window, radiator

Bathroom 5'11" x 10'9"
Low level WC, wash hand basin, bath with shower over, radiator

First Floor Landing
Doors leading off

Bedroom 11'11" x 10'5"
Double glazed window, radiator

Shower Room 7'2" x 9'2"
Low level WC, wash hand basin, shower cubicle, radiator

Parking
Allocated parking

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.
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: D
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Allocated
GARDENA property has access to an outdoor space, which could be private or shared.
Back garden
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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Meachen Road, Colchester, Essex, CO2

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Renovation potential
Recently sold & under offer
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About Harris + Wood, Colchester

25 Sir Isaacs Walk, Colchester, CO1 1JJ
Industry affiliations:

Harris + Wood exists for one clear purpose: to achieve the very best price for your home through world-class marketing and exceptional customer service. We offer a highly considered, professional approach to selling and letting property, combining intelligent marketing, deep local knowledge and meticulous attention to detail. Every instruction is treated with care, discretion and a clear focus on delivering outstanding results. Central to our success is our use of cutting-edge technology and data-driven insight.

Before your home is launched to the portals, we gather first-hand, pre-market feedback from active buyers to fine-tune your pricing strategy, presentation and overall market positioning. This ensures your property is launched in the strongest possible way, guided by real buyer response rather than guesswork or simply “hoping for the best”.

Our team operates by four core principles: Hunger, Helpfulness, Humility and Honour. These values define how we work, how we communicate and how we represent your home. They ensure that every interaction, from first meeting to final completion, is handled with professionalism, integrity and care.

If you are looking for a property expert who values quality, strategy and results, Harris + Wood offers a level of service designed to exceed expectations and deliver the outcome your home deserves.

Affordability

Monthly repayments£1,354
Property: £ 270,000
Deposit: £ 27,000
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference HRR_CLC_LFSYCL_1008_1179501545. 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 Harris + Wood, 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.
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