Ballantyne Drive, Colchester, Essex, CO2 2 bed apartment for sale

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Ballantyne Drive, Colchester, Essex, CO2 2 bed apartment for sale

Ballantyne Drive, Greenstead, Colchester, Essex, CO2
£200,000

Our Summary

  • Investment Opportunity - Sold With Tenants In Situ

Description

This investment property is a two-to-three bedroom second-floor apartment located near the University of Essex, Tesco Superstore, and Hythe Railway Station, with the city centre a short distance away. The apartment has a gross yield of approximately 9% per annum, thanks to its current tenant who pays £1650 per calendar month. The internal space includes an entrance hallway, two bedrooms, one with an en-suite shower room, a bathroom, kitchen/lounge/diner, and a further bedroom/living room. The property also benefits from allocated bay parking. With its excellent location and attractive rental income, this apartment is an attractive investment opportunity, and Palmer & Partners recommend an early internal viewing to avoid disappointment.