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2 bedroom apartment for sale
Colchester, Essex
£140,000
Colchester, Essex
£140,000
Our Summary
- Description An enticing investment opportunity, this spacious two double bedroom third floor apartment benefits from allocated parking, is offered with no onward chain (but is currently tenanted at £985pcm) and is conveniently situated in the popular St James Place development, in close proximity to the A12, town centre and hospital
- Notable Features - Two double bedrooms - Convenient access to the A12, town centre and hospital - Investment opportunity with an approximate gross yield of 8
- Investment opportunity
Description
This spacious two double bedroom apartment is located on the third floor of the popular St James Place development in Colchester, offering a convenient investment opportunity with a gross yield of 8.44%. The property boasts a generous open plan layout, featuring two double bedrooms, two Juliet balconies, and a family bathroom. With allocated parking and no onward chain, this property is a rare find. Currently tenanted at £985pcm, it provides a steady income stream for investors. The apartment is situated close to the A12, town centre, and hospital, making it an ideal base for commuters. With its rich heritage and vibrant city centre, Colchester offers a wide range of local amenities and cultural attractions.