2 bedroom flat for sale

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2 bedroom flat for sale

Quayside Drive, Colchester, CO2
£175,000

Price History

Initial price £185,000
22/04/25 £182,000
29/04/25 £179,000
04/06/25 £175,000
Price Change -5.41%

Description

This 2-bedroom flat in Colchester offers a fantastic investment opportunity for those looking to expand their portfolio. The property features two spacious bedrooms, two bathrooms, and an open-plan living space, and is currently producing an annual gross income of £14,400. With the possibility of increasing the rent to a market rate of £14,472, this property has the potential to generate a worthwhile return on investment. The current tenants, who have been in the property for several years, are committed to staying and have consistently paid their rent on time, making for a stable and predictable income stream. With its proximity to valuable amenities and the potential for rental returns, this property is an attractive option for investors looking to grow their portfolio.