Quayside Drive, Colchester CO2 2 bed flat for sale

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Quayside Drive, Colchester CO2 2 bed flat for sale

Quayside Drive, Colchester CO2
£175,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 2-bedroom flat in Colchester offers a fantastic investment opportunity for those looking to expand their portfolio. The property features two spacious bedrooms, two bathrooms, and an open-plan living space, and is currently producing an annual gross income of £14,400. With long-term tenants already in place, the new owner can increase the rental income to a market rate of £14,472. The property's investment potential is further highlighted by its consistent rental income and minimal vacancy periods. With a tenant already situated, the new owner can benefit from a smooth transition and minimal disruption, making this a worthwhile addition to any investment portfolio.