£140,000
2 bed flat for saleQuayside Drive, Colchester CO2
2 beds
2 baths
1 reception
EPC Rating: C
Added on
Keystones
.png){kind=logo}
About this property
Cash buyers only
Secure underground parking space
No onward chain
2 double bedrooms
Short walk from the essex university
En-suite and bathroom
2nd floor apartment
0.6 miles from hythe station
Large balcony area with views over the river colne
Currently achieving £1300 per calendar month
*** buy to let investors ** currently achieving an 11% rental yield ** cash buyers ** This 2-bedroom, 2-bathroom apartment on Quayside Drive is an excellent opportunity for cash buyers seeking an affordable investment. Located on the 2nd floor, it offers a spacious living area with a large balcony overlooking the River Colne. The property is leasehold and comes with the benefit of no onward chain, providing a straightforward purchase process.
The apartment features two double bedrooms, one of which includes an en-suite bathroom, and an additional main bathroom. Secure underground parking is available, adding convenience and peace of mind. Situated just 0.6 miles from Hythe Station, the property is well-connected for easy commuting.
Proximity to Essex University makes this an attractive choice for those looking to invest in student accommodation. The current rental income of £1300 per calendar month highlights its potential as a profitable venture. Do not miss out on this opportunity in a sought-after location; contact us today to learn more
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Local area information
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (133 years)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review