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Caelum 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

  • SECOND FLOOR APARTMENT
  • SOLD WITH A TENANT IN PLACE PAYING £1275PCM
  • 105 YEARS REMAINING ON THE LEASE
  • 2 DOUBLE BEDROOMS + EN-SUITE & BATHROOM
  • TWO BALCONIES AT EITHER END OF THE APARTMENT
  • PARKING SPACE INCLUDED
  • KITCHEN WITH FITTED APPLIANCES
  • NO ONWARD CHAIN
  • SHORT WALK FROM THE ESSEX UNIVERSITY
  • HYTHE STATION LOCATED JUST 0.4 MILES AWAY

Description

This apartment is a practical choice for investors seeking an ultra-affordable option in Colchester. Located on the second floor, it comes with two double bedrooms, including an en-suite, and an additional bathroom. The property is sold with a tenant already in place, providing a steady rental income of £1275 per calendar month.

Positioned just a short walk from Essex University, this apartment is ideal for those looking to invest in student accommodation. Hythe Station is conveniently located 0.4 miles away, offering easy access to transport links. The property benefits from two balconies, providing outdoor space at both ends of the apartment, and includes a parking space.

With 105 years remaining on the lease and no onward chain, this apartment presents an attractive investment opportunity. The fitted kitchen appliances add to its practicality and appeal. Act quickly to secure this property in a sought-after location with strong rental demand.
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.
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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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Caelum Drive, Colchester, CO2

Approximate location

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Affordability

Monthly repayments£753
Property: £ 150,000
Deposit: £ 15,000
Interest rate: 5.33%
Term: 30 years
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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.
Renovation potential
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 RX822922. 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.