3 bed flat for sale

Quayside Drive, Colchester CO2

This three-bedroom apartment, located on Quayside Drive in Colchester, presents an attractive opportunity for investors. With 134 years remaining on the lease, the property ensures long-term security. The current tenancy agreement runs until August 2026, providing immediate rental income of £1550 per calendar month.

For those interested in the rental market, this apartment is currently achieving a 10% rental yield, making it a valuable addition to any portfolio. Its location is appealing for students and university staff, given its short walking distance from the University of Essex. The area is well-connected with public transport options and local amenities.

The property comes with valid eicr and EPC certificates expiring in 2030 and 2031 respectively, ensuring compliance with safety and energy standards. As an affordable property in a sought-after location for students, it represents a smart investment choice. Act now to secure this opportunity before it's gone

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