Apollo Mews, Colchester CO2

1 bedroom Multi-Unit Property in Colchester

For Sale
Offers Over £545,000
Current Yield 6.1 %
Potential Yield 6.7 %
Property Reference: 209974811
  • Multi-Unit Property
  • 1 Bedrooms
  • 1 Bathrooms
  • 1 Receptions

Property Features

Property Features

  • A Block of 4 Residential 1 Bedroom Flats
  • Spacious Kitchen
  • Large Lounge
  • Convenient Parking Available
  • Three Piece Bathroom
  • Open Plan Lounge

Property Information

Full Details

A Block of 4 residential 1 bedroom flat located in Apollo Mews, Colchester with tenants currently situated. They are currently generating steady, rewarding rental returns for the current landlord.

For investors looking for a rewarding investment, this is a brilliant opportunity!

The properties feature spacious rooms, lounge, kitchen, bathroom, convenient parking spaces available, and with cupboards.

Investment details

The properties currently produce an annual gross income of £39,420 which could be increased by the new owner to a market rate of £43,200 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.

Helpful Information

Property Reference: 209974811

Investment Checklist

  • Tenancy Status: Tenanted
  • Current Rent pcm: £3,285
  • Potential Rent pcm: £3,600
  • Tenancy Agreement in place: Yes
  • Tenancy Compliance in place: Yes
Property Reference: 209974811
Property Reference: 209974811

Property Location

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Request DetailsApollo Mews, Colchester CO2

Offers Over £545,000

Make an offer
Apollo Mews, Colchester CO2

Listing Price

Offers Over £545,000

Disclaimer
All offers are submitted to the seller for approval. On acceptance of your offer you will be required to instruct a solicitor for Legal Acceptance of your offer. A fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion. Terms and payment details will be provided upon verbal acceptance of your offer.