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Viceroy Close, Colchester, CO2 2 bed apartment for sale
Viceroy Close, Colchester, CO2
£130,000
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 presents an excellent opportunity for buy-to-let investors, offering a current yield of 8.3% with a potential yield of 9.9% due to a long-standing tenant. The property is situated in a well-regarded area, close to local amenities, transport links, and Colchester city centre. The apartment itself features a spacious living/dining room, fitted kitchen, and two generously sized bedrooms, with a three-piece bathroom suite. With off-street parking for residents, the property benefits from convenience and appeal for tenants. As it is already tenanted, investors can enjoy an immediate rental return, making it a smart choice for portfolio expansion or a first investment purchase.