£115,000
1 bed flat for saleQuayside Drive, Colchester CO2
1 bed
1 bath
1 reception
EPC Rating: C
Added on
Keystones
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About this property
Guide price £115,000 - £125,000
Balcony
Currently achieving £950PCM as A rental property
Ideal for A buy to let opportunity
1 double bedroom
484 sq ft of living space
Close to the essex university
Council tax band A
0.6 miles from hythe station
Amenities close by
This one-bedroom apartment on Quayside Drive presents a great opportunity for first-time investors or those looking to expand their portfolio. With a guide price of £115,000 to £125,000, the property offers 484 square feet of living space and is currently achieving a rental income of £950 per month. Its close proximity to Essex University makes it particularly appealing for student lettings.
The property features a double bedroom and a balcony, enhancing its appeal to potential tenants. The apartment's location is ideal, situated just 0.6 miles from Hythe Station, making commuting convenient. Local amenities are within easy reach, providing everything needed for daily living.
The area around Quayside Drive offers a vibrant community atmosphere with various shops and dining options nearby. Being in Council Tax Band A adds to the property's affordability factor. With its current rental yield and strategic location, this apartment is an enticing option for buy-to-let investors.
Opportunities like this don't last long in the market. Contact us today to learn more about this affordable investment option in Colchester
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More information
Tenure
Leasehold (133 years)
Service charge
£2,000 per year
Council tax band
TBC
Ground rent
£200
Ground rent date of next review