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1 bedroom apartment for sale

Quayside Drive, Colchester, CO2
Apartment
1 bed
1 bath
EPC rating: C
Added < 14 days

Key information

TenureLeasehold | 135 yrs left
Ground rent£200 per annum | review period: unconfirmed
Service charge£1,800 per annum
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Buy to let opportunity tenant in place until january 2027
  • Current rent achieved £975 pcm with a rental yield of 9% based on asking price
  • One bedroom apartment third floor
  • Walking distance to the university
  • Balcony located off the living area
  • Fitted appliances within the kitchen
This one-bedroom apartment is an ideal buy-to-let investment, currently generating £975 per calendar month in rent. Located on Quayside Drive, it offers easy access to local amenities and is within walking distance of the University of Essex. The leasehold property is situated on the third floor and comes with a balcony that extends from the living area.

The kitchen is equipped with fitted appliances, making it a convenient choice for tenants. This property provides a steady rental income with a tenant secured until early 2027. Its location near the university makes it particularly attractive for student renters, ensuring consistent demand.

Colchester offers a rich history and vibrant community life, with plenty of green spaces and cultural landmarks nearby. The area is well-connected with public transport options, making it convenient for commuting. Don't miss out on this exceptional investment opportunity; act now to add this high-yield property to your portfolio.

Rooms

Disclaimer
Keystones property also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. Disclaimer: Information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

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Area statistics

Crime score
Moderate crime
5/10
Home prices (average)
1 bedroom apartments
£143,232

About this agent

Keystones Property - Romford
Keystones Property - Romford
13 Clockhouse Lane Collier Row, Romford, Essex RM5 3PH
01708 954926
Full profileProperty listings
Keystones Property is an Award Winning Estate Agency bringing you our service in Sales, Lettings and Property Management. We are Proud Winners of the British Property Awards for the Romford Area in 2016, 2019, 2021. Keystones Property are a family run business. We pride ourselves on going the extra mile for our clients. Being property owners ourselves, we have the vision that our business in Estate Agency has to be done properly, with care and procedure. We are dedicated to bringing a high level of service and we have the vision that every customer of ours will feel the positive effects of this service. We are located in our Flagship Shopfront Offices in Clockhouse Lane, Collier Row, RM5 and we operate locally, venturing into the Essex Areas and East London Borders too. Keystones Property "Our Service is Key"
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