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Ballantyne Drive, Colchester, CO2

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

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

  • TENANT IN PLACE UNTIL SEPTEMBER 2026
  • 9.3% RENTAL YIELD RETURN BASED ON THE CURRENT ASKING PRICE
  • CLOSE TO THE UNIVERSITY
  • PRIVATE BALCONY
  • EN-SUITE SHOWER ROOM & BATHROOM
  • FITTED KITCHEN WITH WHITE GOODS

Description

Situated on Ballantyne Drive, this leasehold apartment in Colchester offers an attractive opportunity for investors seeking steady rental income. With a tenant secured until September 2026 and a notable 9.3% rental yield, it presents a solid investment in a thriving area. The apartment includes two bedrooms, each complemented by its own bathroom facilities, including an en-suite shower room.

The property is conveniently located close to the university, making it an ideal choice for students or academic professionals. The fitted kitchen comes equipped with white goods, providing immediate functionality for occupants. A private balcony adds an outdoor space for relaxation or study breaks.

Colchester offers a rich historical backdrop combined with modern amenities, making it an appealing location for residents. Its close proximity to educational institutions and local transport links further enhances its desirability. This property represents a rare chance to secure an affordable investment with promising returns in a sought-after area.

With high demand for properties in this location, act quickly to secure this opportunity before it's gone.
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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Ballantyne Drive, Colchester, CO2

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About Keystones Property, Colchester

60 Caelum Drive, Colchester, CO2 8FP

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£730
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference RX741006. 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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