**Standout Features:**
- Modern second-floor apartment with secure communal entry
- One bedroom and one bathroom
- Juliette balcony in the living room
- Gas central heating and double glazing
- Allocated off-road parking
- Let under AST at £800/month, yielding an impressive 8%
- Close to Colchester town centre, North Station railway, and local amenities
- Access to well-maintained communal gardens
- Long lease at an affordable price of £120,000
This modern one-bedroom, second-floor apartment presents an exceptional investment opportunity, boasting a robust 8% yield from existing tenants. Located just a short walk from Colchester town centre, North Station, and popular local amenities, this property is ideal for investors or first-time buyers looking for a comfortable urban home. Inside, the apartment features a cozy living area with a charming Juliette balcony, a compact modern kitchen, and a contemporary bathroom that could benefit from some updates.
With a secure entry system, gas central heating, and double glazing, this manageable apartment ensures both comfort and convenience. The allocated off-road parking is a definite plus in urban living, and the well-maintained communal gardens provide an inviting outdoor space. Offering a long lease and an affordable price tag, this property represents a unique chance to secure a foothold in Colchester's thriving rental market. Don’t miss out on this fantastic opportunity—properties like this tend to attract attention quickly!
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