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2 bedroom flat for sale
Quayside Drive, Colchester, CO2
£175,000
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.