£175,000
2 bed flat for saleQuayside Drive, Colchester CO2
2 beds
2 baths
1 reception
EPC Rating: C
About this property
2 bedrooms
2 bathrooms
Buy to let opportunity
Current rent £1250 pcm
Walking distance to university
Tenant in place until September 2026
Secure allocated parking
River facing balcony
Situated on Quayside Drive, this apartment faces the River Colne and offers a practical layout with two bedrooms and two bathrooms, appealing to both tenants and investors. Its proximity to the local university makes it an attractive choice for students or staff seeking convenient accommodation. The property comes with the advantage of secure allocated parking, adding an extra layer of convenience for residents.
The apartment is currently let until September 2026, providing immediate rental income at £1250 per calendar month. This makes it a sound investment opportunity for those looking to expand their property portfolio without the immediate need to find tenants. The leasehold tenure ensures manageable responsibilities for the owner while maintaining a stable rental arrangement.
Colchester offers a variety of amenities and easy access to public transport, making it a desirable location for renters. With its affordable price point and established tenancy, this property is an excellent opportunity for investors seeking reliable returns. Don't miss out on this chance; contact us today to learn more about securing this investment
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More information
Tenure
Leasehold (Expired)
Service charge
£2,276 per year
Council tax band
B
Ground rent
£250
Ground rent date of next review
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