Caelum Drive, Colchester, CO2
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- One Bedroom
- One Bathroom
- Walking distance to the University
- Close to local amenities
- Investment opportunity
- Chain Free
- £975 rental income per month
- 9% Yield at current asking price
Description
This one-bedroom apartment on Caelum Drive is an ideal choice for investors looking to capitalize on its proximity to the University. The property promises a rental income of £975 per month, translating to a 9% yield at the current asking price. Its central location ensures easy access to local amenities, making it appealing to tenants seeking convenience.
This chain-free, leasehold apartment presents a straightforward acquisition for buyers looking to expand or start their property portfolio. The property's configuration includes a single bedroom and bathroom, perfectly suited for students or professionals who value ease of access to educational institutions and workplaces. Its affordable price point makes it an attractive option for those seeking entry into the property market.
Surrounded by essential services and public transport options, this apartment's location enhances its investment potential. Prospective buyers will appreciate the short distance to the University and various local shops and services. Act quickly to secure this high-yielding investment opportunity in a sought-after area.
- 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.
- Band: B
- 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.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
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Visit our security centre to find out moreDisclaimer - Property reference RX773266. 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.