£130,000
1 bed flat for saleQuayside Drive, Colchester CO2
1 bed
1 bath
1 reception
EPC Rating: C
About this property
Buy to let opportunity - tenant in place until January 2027
Current rent achieved £975PCM 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
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
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
Mortgage calculator
£650 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (135 years)
Service charge
£1,800 per year
Council tax band
TBC
Ground rent
£200
Ground rent date of next review



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