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1 bedroom apartment for sale

Essex CO2
Added yesterday
Apartment
1 bed
1 bath
EPC rating: C
Added yesterday

Key information

TenureLeasehold | 135 yrs left
Ground rent£200 per annum | review period: unconfirmed
Service charge£1,800 per annum
Council taxBand B
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.
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Area statistics

Crime score
Moderate crime
5/10
Home prices (average)
1 bedroom apartments
£141,233

About this agent

Keystones Property - Colchester
Keystones Property - Colchester
60 Caleum Drive Colchester, Essex CO2 8FP
01206 988682
Full profileProperty listings
Welcome To Keystones Property Colchester, Your Trusted Estate & Letting Agents Keystones have recently acquired the Jackson & Co Property Services business and are currently working hard to integrate it into the Keystones family. Established in 2007, Jackson & Co developed and grew their privately owned, independent brand over the years to become one of the major providers in the area for lettings and property management. This success was driven by a team of professional and motivated staff who have a focus and ambition to provide a service which is second to none. We have a fantastic office situated on Hythe Quay overlooking the river Colne. Our unique location gives us a prime position to hold the monopoly in this highly sought after rental location, making us the obvious choice for investors and tenants alike. We have been proud over the years to offer our services predominantly giving a helping hand to landlords accommodating for the student market at Colchester University of which we will be continuing to do, but also adding our experience into the working professional markets too to add to our bow. Customer service is paramount to us. We understand the importance of providing a personal and professional service. To help us do this, all staff undergo regular training. In addition to this we make sure we are well versed in legal requirements, market trends, skills, knowledge and compliance matters so you don’t have to. Meet the team of experienced and professional staff and understand more about what makes us the agent of choice in the area. All have very different qualities and experiences that they bring to the table, resulting in a united and customer orientated group of people. We have a state-of-the-art technology and offer unique ‘micro-sites’ to all Landlords to share via our social channels that we are renowned. In addition, we advertise on all major portals and within local media. At Keystones we offer a ‘one stop shop’ experience and provide services on property lettings, management, maintenance, mortgage facilities and investment opportunities.
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