1/19
£260,000
Flat · 2 beds · 2 baths · 957 sq ft
Meeanee Mews, Colchester, CO2
0.18 miles away
Leasehold
1/17
1/17
5 bed house for sale Mersea Road, Colchester, CO2
Asking price
£300,000
Added on 23/09/2026
Added on 23/09/2026
- Type
- Terraced
- Bedrooms
- 5
- Tenure
- Freehold
About this property
Guide Price £300,000 - £325,000
RARE INVESTMENT & OWNER-OCCUPIER OPPORTUNITY – FULLY LICENSED 5-BED HMO IN PRIME CENTRAL COLCHESTER LOCATION OFFERING STRONG RENTAL YIELDS.
Guide Price £300,000 - £325,000
Attention Investors and Owner-Occupiers! A rare and lucrative opportunity has just hit the market — a fully licensed five-bedroom HMO perfect for both investment and residential use, located in one of Colchester’s most desirable and central locations. Just minutes’ walk from the city centre, mainline train station, and local parks, this property ticks every box for tenants, investors, and those seeking a vibrant, well-connected home.
Floorplan
Council tax
Ask agent
Per year
- Band A£1,522
- Band B£1,776
- Band C£2,029
- Band D£2,283
- Band E£2,790
- Band F£3,297
- Band G£3,805
- Band H£4,566
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Colchester, 2026/27 bills run from £1,522 a year in band A to £4,566 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across Colchester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Price guide
35 comparables · within 3 milesCheaper than 94% of the 5+ bed houses for sale nearby right now.
This home, £300,000 Median £895,000 · £325,000 – £1,390,000
Compared with 35 5+ bed houses for sale within 3 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.
Location
Mersea Road, Colchester, CO2
Mortgage and stamp duty
Property price £300,000
£150k £450k
Deposit10% £30,000
£0 £300k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £270,000 mortgage. Most lenders would want a household income of about £60,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Flat 3, 11a, Mersea Road Flat / maisonette · new build | Flat / maisonette · new build | Nov 2020 | 269 sq ft £245/sq ft | 269 sq ft | £245 | £66,000 |
| Flat 2, 11a, Mersea Road Flat / maisonette · new build | Flat / maisonette · new build | Nov 2020 | 323 sq ft £248/sq ft | 323 sq ft | £248 | £80,000 |
| Flat 1, 11a, Mersea Road Flat / maisonette · new build | Flat / maisonette · new build | Nov 2020 | 280 sq ft £239/sq ft | 280 sq ft | £239 | £67,000 |
| Flat 5, 11, Mersea Road Flat / maisonette · new build | Flat / maisonette · new build | Nov 2020 | 388 sq ft £292/sq ft | 388 sq ft | £292 | £113,000 |
| Flat 4, 11, Mersea Road Flat / maisonette · new build | Flat / maisonette · new build | Nov 2020 | n/a | n/a | n/a | £103,000 |
| First Floor Flat, 12, Mersea Road Flat / maisonette | Flat / maisonette | Oct 2018 | 377 sq ft £234/sq ft | 377 sq ft | £234 | £88,000 |
| 16a, Mersea Road Terraced | Terraced | Jan 2013 | 721 sq ft £139/sq ft | 721 sq ft | £139 | £100,000 |
| 15, Mersea Road Semi-detached | Semi-detached | Nov 2007 | 1,033 sq ft £169/sq ft | 1,033 sq ft | £169 | £175,000 |
Area insights
The neighbourhood around this property.
