Caelum Drive, Colchester
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- ONE BEDROOM
- £975 PCM
- INVESTMENT
- BALCONY
- CLOSE TO STATION
- HYTHE
- POPULAR LOCATION
Description
Located on Caelum Drive, this one-bedroom, leasehold apartment represents a prime investment opportunity, perfectly positioned within walking distance of the University. The property is an ideal acquisition for both seasoned investors and first-time buyers looking to enter the property market at an affordable price point. Generating a rental income of £975 per month, the apartment delivers an impressive 9% yield at the current asking price.
Offered chain-free, the property ensures a straightforward, hassle-free transaction. The practical layout features a single bedroom and bathroom, making it highly attractive to students and working professionals who value proximity to campus and local employment hubs.
Situated in a highly sought-after area, the apartment is surrounded by essential local amenities, shopping facilities, and excellent public transport links. With its combination of a high yield, central location, and strong tenant appeal, early viewing is highly advised to secure this excellent portfolio addition.
Brochures
John Alexander - ...- 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.
- 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.
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Visit our security centre to find out moreDisclaimer - Property reference 103646001373. 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 John Alexander, Essex. 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.