PROPERTY VALUE
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At a glance…
Guide Price -Sold with a tenant in situ - Current yield 8.6% due to long standing tenant, with current rental increases the property has a potential yield of 9.1%. Positioned within the established residential area of Old Heath, Colchester, this one bedroom apartment presents an excellent buy-to-let opportunity with a tenant already in situ.
The accommodation comprises a bright living area, fitted kitchen, double bedroom, and bathroom, offering a practical layout suited to long-term rental demand. Externally, the property benefits from residents’ parking and communal grounds.
Old Heath provides easy access to Colchester city centre, local shops, schools, and bus routes, as well as the University of Essex, making the area particularly attractive for both professional and student tenants.
This property is offered to investors only, providing an immediate rental return in a consistently popular location.
At a glance…
Colchester Branch
Colchester Branch
Broadband | Ask Agent |
Telephone | Ask Agent |
Electricity | Mains Electricity Supply |
Gas | Yes |
Water | Mains Supply |
Sewerage | Mains |
Heating | Ask Agent |
Main Heating | Ask Agent |
Unsuitable for wheelchairs | Ask Agent |
Level access | Ask Agent |
Lift access | Ask Agent |
Ramped access | Ask Agent |
Wetroom | Ask Agent |
Wide doorways | Ask Agent |
Step free access | Ask Agent |
Level access shower | Ask Agent |
Lateral living | Ask Agent |
Listed | No |
Are there any restrictions with the property? | No |
Any easements, servitudes or wayleaves? | No |
Public Rights of Way | No |
Flooded in last 5 years | Ask Agent |
Source of flood | Ask Agent |