Situated in the ever popular area of New Town located on Winchester Road, this three bedroom mid terrace house has come to market with Michael's. Within close proximity to both the town centre and town station which offers interlinking services to Colchester Mainline this property makes for the ideal investment and would appeal to anybody looking for a rental.
The property benefits from a spacious lounge diner area, two double bedrooms and a private enclosed rear garden. In the current market this property would achieve £775pcm and if purchased at the asking price of £160,000 would obtain a return of 5.8%.
This is a great investment opportunity and especially due to its location will never have any issues in letting out instantly! Have a look at the internal photos by following the link below.
http://www.rightmove.co.uk/property-for-sale/property-54914390.html?premiumA=true
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