Initial price	£230,000
03/12/25	£190,000
Price Change	-17.39%

This is an investment opportunity to own a fully licensed HMO property in the heart of Colchester, within walking distance of the city center, shops, cafes, restaurants, Castle Park, and the train station. The property has been divided into five bedsits, each with its own kitchenette area, and shares a communal shower room with cloakroom. The property is being sold through a modern method of auction, where both the buyer and seller agree on the sale price and complete the transaction through a digital platform.