3 bedroom apartment for sale

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3 bedroom apartment for sale

Quayside Drive, Colchester
£180,000

Price History

Initial price £190,000
27/12/24 £180,000
Price Change -5.26%

Description

This is a turnkey investment opportunity that yields 8.5% per annum, with a consistent history of income over the past 9 years. The property, which is ready for immediate ownership, has recently been upgraded with new carpets, a redecorated bathroom, and a new boiler. It comprises an entrance hall, bathroom, three bedrooms, an en-suite master bedroom, a kitchen/lounge, and a balcony. The property also comes with allocated parking. The current tenants are in situ until September 2025, providing a steady income stream. The property is situated in an area popular with professionals and students, making it an attractive investment opportunity.