Summary - 22, Caelum Drive CO2 8FP
2 bed 2 bath Apartment
Turnkey rental with balcony, allocated parking and strong student demand.
Tenants in situ paying £1,150pcm — immediate income potential
Offered as an investment opportunity in Hythe, this two-bedroom flat is currently let at £1,150pcm, providing immediate rental income. The layout includes an open-plan living/kitchen with balcony, an ensuite to the main bedroom, and an allocated parking space — practical features for student and city lettings.
Buyers should note the property is leasehold (approx. 106 years remaining) with an annual service charge of about £2,480 and ground rent around £300. Heating is electric via room heaters and the property relies on mains electricity; energy costs and tenant demand should be factored into yield calculations.
The building is a modern, early-2000s development with double glazing and cavity walls; the apartment’s 654 sq ft is a straightforward, low-maintenance size for two occupants. The wider area is a cosmopolitan, multicultural neighbourhood close to the city centre and the University of Essex, supporting consistent student demand but also linked to higher local crime statistics.
Note: one description states this is a top-floor apartment, while another summary describes a ground-floor unit. Prospective purchasers should verify the floor level and inspect the flat in person. Council tax band is not provided.
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