Summary - 40 Heia Wharf, Hawkins Road CO2 8XY
2 bed 2 bath Apartment
**Standout Features:**
- Modern two double-bedroom apartment with en-suite
- Open plan living area leading to a personal balcony with stunning river views
- Currently achieving £1,200 per month in rent, providing a gross annual yield of 8.2% to 9.6%
- Allocated parking space
- Located within easy reach of the University of Essex
- Low council tax and average service charge
**Overview:**
Discover this inviting two-bedroom apartment in a contemporary complex, ideally situated in a vibrant multicultural student neighborhood. Offering a spacious open-plan living area, this fifth-floor unit features a balcony with picturesque views over the River Colne, creating a perfect setting for relaxation. The master bedroom includes an en-suite bathroom and built-in wardrobes, while the second bedroom is generous in size, catering well to tenants or family needs.
Currently let on a short-hold tenancy, this property promises robust rental returns. With an average gross yield indicating strong investment potential, it is an excellent option for first-time buyers looking to dip their toes into the rental market or seasoned investors wanting to expand their portfolio.
While the area experiences higher crime rates, the accessibility to local amenities and the university makes it appealing for students and professionals alike. The apartment's modern finish includes double glazing and well-equipped kitchen facilities, ensuring comfort and convenience.
With a competitive guide price between £140,000 - £160,000, opportunities like this are rare in today’s market—don’t miss your chance to secure this advantageous investment property!
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