1 bed flat for sale

Caelum Drive, Colchester CO2

*** guide price £115,000 - £135,000 ***

Located on Caelum Drive, this one-bedroom, leasehold apartment represents a prime investment opportunity, perfectly positioned within walking distance of the University. The property is an ideal acquisition for both seasoned investors and first-time buyers looking to enter the property market at an affordable price point. Generating a rental income of £975 per month, the apartment delivers an impressive 9% yield at the current asking price.

Overview *** guide price £115,000 - £135,000 ***

Located on Caelum Drive, this one-bedroom, leasehold apartment represents a prime investment opportunity, perfectly positioned within walking distance of the University. The property is an ideal acquisition for both seasoned investors and first-time buyers looking to enter the property market at an affordable price point. Generating a rental income of £975 per month, the apartment delivers an impressive 9% yield at the current asking price.

Offered chain-free, the property ensures a straightforward, hassle-free transaction. The practical layout features a single bedroom and bathroom, making it highly attractive to students and working professionals who value proximity to campus and local employment hubs.

Situated in a highly sought-after area, the apartment is surrounded by essential local amenities, shopping facilities, and excellent public transport links. With its combination of a high yield, central location, and strong tenant appeal, early viewing is highly advised to secure this excellent portfolio addition.