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
£185,000

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 opportunity for investors to expand their portfolio, with a tenant currently in situ and producing an annual gross income of £14,400. The property features two spacious bedrooms, two bathrooms, and an open-plan living space, and with a new owner, the rent could be increased to a market rate of £14,472. The current tenants have lived in the property for several years and have consistently paid their rent, with no intention to move out, making for a reliable and worthwhile investment.
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