£130,000
1 bed flat for saleQuayside Drive, Essex 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
Mortgage calculator
£650 per month
70+ lenders and 10,000+ products
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
B
Ground rent
£200
Ground rent date of next review



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