Summary - 269 QUAYSIDE DRIVE COLCHESTER CO2 8GQ
2 bed 2 bath Apartment
Ready-to-let modern flat near rail links and university, strong rental potential.
- Two bedrooms, one with en-suite bathroom
- Open-plan lounge/kitchen/diner with private balcony
- Secure underground garage parking and lift access
- Long lease (134 years) and low council tax
- Potential gross rental yield circa 6.5%
- Main heating: electric room heaters (no gas central heating)
- Leasehold with ground rent £213 per year
- Local area: cosmopolitan student neighbourhood; crime levels higher than average
Set within a modern purpose-built block in Hythe, this two-bedroom apartment offers straightforward buy-to-let potential or a compact home for commuters. The open-plan living area leads to a private balcony and benefits from integrated kitchen appliances and lift access. With secure underground parking and no onward chain, it’s easy to occupy or let quickly.
The property has two bedrooms, one with an en-suite, plus a separate family bathroom. The 786 sq ft layout is average-sized and efficient, suited to singles, sharers, students or young professionals. The long lease (134 years) and low council tax add practical value for purchasers.
Location is a major selling point: close to Hythe Station for direct rail to London, walking distance to the University of Essex, and near shops, cafés and riverside walks. The advertised potential gross yield of around 6.5% makes this appealing to investors seeking steady rental income in a student/cosmopolitan neighbourhood.
Buyers should note material facts: the flat is leasehold with a ground rent of £213, main heating uses electric room heaters rather than gas central heating, and the local area records higher crime levels than average. Expect average internal space and limited communal outdoor amenity. These points affect running costs and suitability for some owner-occupiers.
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