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Quayside Drive, Colchester, CO2 1 bed apartment for sale
Quayside Drive, Colchester, CO2
£135,000
Quayside Drive, Colchester, CO2
£135,000
Our Summary
- * BUY TO LET INVESTMENT EARNING £900PCM * 8% RENTAL YIELD BASED ON CURRENT ASKING PRICE * This one-bedroom apartment on Quayside Drive presents a promising investment opportunity for those looking to enter the buy-to-let market
- With 135 years remaining on the lease, this leasehold property offers long-term potential
Description
This one-bedroom apartment on Quayside Drive offers a promising buy-to-let investment opportunity, with a current tenancy agreement in place until September 2026 generating an assured income of £900 per calendar month. The property's location near the university makes it an attractive option for investors targeting the student rental market, and its proximity to local amenities and public transport options provides tenants with a convenient lifestyle. With 135 years remaining on the lease, this leasehold property offers long-term potential, and its affordable entry point makes it an attractive option for investors seeking to secure a valuable asset in Colchester.