Property Details: - Type: Apartment - Bedrooms: 2 - Bathrooms: 1
Agent: Beresfords - Colchester Phone: 01206 915942
Guide Price £130,000 - £140,000 - Sold with a tenant in situ - Current yield 8.3% due to long standing tenant, with current rental increases the property has a potential yield of 9.9%. - Situated within the well-regarded Viceroy Close development, this two bedroom first floor apartment presents an excellent opportunity for buy-to-let investors seeking a property with a tenant already in situ and an immediate rental return.<br/><br/>The property is accessed via a secure communal entrance and opens into a welcoming hallway leading to a spacious living / dining room filled with natural light from large windows. The fitted kitchen offers a practical layout with ample storage and workspace. Two generously sized bedrooms provide comfortable accommodation, while the bathroom is fitted with a three-piece suite.<br/><br/>Externally, the property benefits from off-street parking for residents, adding to its convenience and appeal for tenants. <br/><br/>The development itself is positioned in a popular residential area, well served by local amenities including shops, supermarkets, and leisure facilities. Excellent transport links are nearby, with easy access to Colchester city centre, mainline train stations, and major road networks.<br/><br/>This property offers strong rental potential in a location with consistent demand, making it a smart choice for portfolio expansion or a first investment purchase.<br/><br/>
