2 bedroom apartment for sale

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2 bedroom apartment for sale

Viceroy Close, Colchester, CO2
£130,000

Our Summary

  • This property offers strong rental potential in a location with consistent demand, making it a smart choice for portfolio expansion or a first investment purchase

Description

This two-bedroom first-floor apartment in the Viceroy Close development is an excellent opportunity for buy-to-let investors, offering an immediate rental return with a tenant already in situ. The property features a spacious living/dining room with natural light, a practical kitchen with ample storage, and two generously sized bedrooms. The apartment also benefits from off-street parking and is located in a popular residential area with easy access to local amenities, transport links, and Colchester city centre. With a current yield of 8.3% and potential yield of 9.9% due to rental increases, this property presents a strong rental potential in a location with consistent demand, making it a smart choice for portfolio expansion or a first investment purchase.