Offers over
£160,000
2 bed flat for saleBallantyne Drive, Colchester CO2
2 beds
2 baths
1 reception
EPC Rating: D
About this property
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
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
Mortgage calculator
£800 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 (141 years)
Service charge
£3,417 per year
Council tax band
TBC
Ground rent
£250
Ground rent date of next review



.png)