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
£179,000

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)
  • 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 has the potential to increase the income to a market rate of £14,472. The tenants have been consistent in their rent payments over several years and have no intention of moving out, making for a stable and worthwhile investment. With a Let Property Pack available for further details, this is a great opportunity for investors to add to their portfolio.