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Quayside Drive, Colchester, CO2

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • DOUBLE BEDROOM
  • FAMILY BATHROOM
  • FURNISHED
  • PRIME LOCATION
  • WALKING DISTANCE TO THE UNIVERSITY OF ESSEX
  • TRAIN STATION CLOSE BY
  • IDEAL FOR STUDENTS OR COMMUTERS
  • FITTED KITCHEN
  • 24 HOUR SUPERMARKET NEAR
  • EARLY VIEWING ADVISED

Description

** BUY TO LET INVESTMENT EARNING £900PCM ** 8% RENTAL YIELD BASED ON CURRENT ASKING PRICE **

This one-bedroom apartment on Quayside Drive presents a promising investment opportunity for those looking to enter the buy-to-let market. The property comes with a current tenancy agreement in place until September 2026, providing an assured income of £900 per calendar month. With 135 years remaining on the lease, this leasehold property offers long-term potential.

The apartment's location is particularly advantageous for investors targeting the student rental market, given its proximity to the university. A short walk away, students will find the convenience of local amenities and public transport options. The living room leads to a balcony, offering a pleasant outdoor space for tenants to enjoy.

Colchester is known for its historical significance and vibrant community, making it an attractive area for both students and professionals. With its blend of cultural attractions and modern conveniences, the city continues to thrive as a desirable place to live and invest in property.

Investors seeking an affordable entry point into the property market should consider this opportunity. With a current tenant in place and a prime location near the university, this apartment is well-positioned for continued rental success. Don't miss out on this chance to secure a valuable asset in Colchester.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Quayside Drive, Colchester, CO2

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Affordability

Monthly repayments£602
Property: £ 120,000
Deposit: £ 12,000
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Recently sold & under offer
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About Keystones Property, Colchester

60 Caelum Drive, Colchester, CO2 8FP

Keystones Colchester is a forward-thinking estate agency based in the heart of Colchester, helping homeowners across the city and surrounding areas achieve the best possible price for their property. As part of the wider Keystones brand, we combine strong local knowledge with modern marketing, proactive communication and a genuine focus on results.

Our Colchester office understands the local market, from family homes and investment properties to student lets and city-centre apartments. We know that selling a property is not just about listing it online — it is about creating the right strategy, presenting the home properly, generating strong buyer interest and negotiating confidently on behalf of our clients.

At Keystones, we pride ourselves on being approachable, honest and hardworking. Our team offers clear advice from valuation through to completion, keeping sellers informed throughout the process and working closely with buyers, solicitors and all parties involved to keep sales moving.

Whether you are selling your first home, upsizing, downsizing or looking to release an investment, Keystones Colchester is here to provide a professional, personal and results-driven service.

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Disclaimer - Property reference RX736342. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Keystones Property, Colchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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