Summary - Quayside Drive, Colchester CO2 8FX
1 bed 1 bath Apartment
**Standout Features:**
- Modern 1-bedroom first-floor apartment
- Valuable investment opportunity with tenants in situ paying £875 pcm
- Private balcony, perfect for outdoor relaxation
- Contemporary kitchen with modern appliances
- Close proximity to the University of Essex and excellent transport links
- Allocated parking space
**Potential Downsides:**
- Elevated crime rate in the area
- High service charge of £1,900 and ground rent of £200
This modern one-bedroom apartment, strategically situated near the University of Essex and Hythe Station, presents an excellent investment opportunity, currently yielding a robust £875 per month from tenants. The spacious open-plan living area seamlessly merges with a contemporary kitchen, making it ideal for both relaxation and entertaining. Your private balcony offers a charming outdoor escape, perfect for enjoying your morning coffee.
The vibrant city center, with its plethora of amenities and scenic waterfront paths, is just a short distance away. While the area has a heightened crime rate, it boasts affluent surroundings and strong transport links, ensuring easy access to London and surrounding towns. Whether you’re an investor looking for a reliable rental or a first-time buyer in search of a cozy home, this property is a must-see—viewing is highly recommended to secure this desirable space in a competitive market!
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