2 bedroom apartment for sale

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2 bedroom apartment for sale

Ship Wharf, Colchester
£170,000

Our Summary

  • DESCRIPTION A fantastic investment opportunity in the sought-after Hythe development in Colchester

Description

This two-bedroom apartment in the sought-after Hythe development in Colchester offers a fantastic investment opportunity. With a tenant in situ paying £1,300 PCM, it delivers a strong gross rental yield of approximately 9.2%. The property is located close to the University of Essex, Colchester Hythe Station, and local amenities, making it perfect for students, professionals, and commuters. The apartment features bright and modern accommodation throughout, including a spacious open-plan living area with sliding patio doors opening to a Juliet balcony. The two bedrooms are both generously sized, with one featuring an en-suite shower room. The property also benefits from a modern family bathroom and a secure communal entrance. With a leasehold tenure and approximately 113 years remaining, this property offers a solid investment opportunity for those looking to generate a strong income.