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£130,000

1 bed flat for sale
Quayside Drive, Colchester CO2

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Just added
Leasehold
Added on 27/01/2026

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

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

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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Monthly repayment

£650 per month

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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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