**Standout Features:**
- Modern one-bedroom second-floor apartment
- Ideal investment property close to the University of Essex
- Charming balcony with views of the River Colne
- Off-street parking included
- Chain-free sale
- Leasehold with 113 years remaining
- High rental yield of 7.5%
**Notable Concerns:**
- Small overall space (349 sq ft)
- High service charge of £2,094.04 per year
- Located in a neighborhood with high crime rates
Nestled in a vibrant, multicultural neighborhood, this stylish one-bedroom apartment presents a superb opportunity for investors or first-time buyers seeking a rental yield of 7.5%. With walking distance to the University of Essex, the property is perfect for students or young professionals looking for modern city living. Enjoy the open-plan living area that opens up to a charming balcony, providing picturesque views of the River Colne.
While the space is compact at 349 sq ft, the contemporary design, including a modern kitchen with integrated appliances, offers comfort and functionality. A well-appointed bedroom includes a built-in wardrobe and ample natural light. Off-street parking adds convenience.
Although there are concerns regarding the neighborhood's crime level and a relatively high service charge, the apartment’s chain-free status and appealing rental potential make it worth a view—this gem won’t last long in today’s market! Experience modern living in one of Colchester's key student areas and secure your investment today.
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