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Offers over
£160,000

2 bedroom apartment for sale

Colchester CO2
Recently added
Apartment
2 beds
2 baths
678
EPC rating: C
Added < 7 days

Key information

TenureLeasehold | 141 yrs left
Ground rent£250 per annum | review period: unconfirmed
Service charge£3,417 per annum
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenant in place until september 2026
  • 9.3% rental yield return based on the current asking price
  • Close to the university
  • Private balcony
  • En suite shower room & bathroom
  • Fitted kitchen with white goods
Situated on Ballantyne Drive, this leasehold apartment in Colchester offers an attractive opportunity for investors seeking steady rental income. With a tenant secured until September 2026 and a notable 9.3% rental yield, it presents a solid investment in a thriving area. The apartment includes two bedrooms, each complemented by its own bathroom facilities, including an en-suite shower room.

The property is conveniently located close to the university, making it an ideal choice for students or academic professionals. The fitted kitchen comes equipped with white goods, providing immediate functionality for occupants. A private balcony adds an outdoor space for relaxation or study breaks.

Colchester offers a rich historical backdrop combined with modern amenities, making it an appealing location for residents. Its close proximity to educational institutions and local transport links further enhances its desirability. This property represents a rare chance to secure an affordable investment with promising returns in a sought-after area.

With high demand for properties in this location, act quickly to secure this opportunity before it's gone.
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Area statistics

Crime score
Moderate crime
4/10
Home prices (average)
2 bedroom apartments
£176,807

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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