- Juliet Balcony & Open-Plan Living +
- Two Bathrooms (Main + En-Suite) +
- Approx. 9.2% Gross Yield +
- Tenant in Situ Paying £1,300 PCM +
- Close to University & Hythe Station +
DESCRIPTION A fantastic investment opportunity in the sought-after Hythe development in Colchester. This well-presented two-bedroom apartment offers spacious, modern living with a tenant in situ paying £1,300 PCM, delivering a strong gross rental yield of approximately 9.2%.
Located close to the University of Essex, Colchester Hythe Station, and local amenities, this property is perfectly positioned for students, professionals, and commuters alike.
Accessed via a secure communal entrance, the apartment offers bright and modern accommodation throughout.
Entrance Hall - Secure entry phone system, electric heater, access to all rooms.
Open Plan Living/Dining/Kitchen - 21' 3" x 15' 3"
A spacious and light-filled room with sliding patio doors opening to a Juliet balcony, plus a window to the rear. The modern kitchen includes a range of wall and base units, integrated oven and hob, fridge/freezer, washing machine, and stainless steel sink. Perfect for entertaining or relaxing.
Bedroom One - 16' x 10' 8"
Generously sized double bedroom with built-in wardrobes and a private en-suite shower room.
En-Suite - Contemporary finish with double shower cubicle, WC, wash basin, chrome heated towel rail, spotlights, and extractor fan.
Bedroom Two - 10' 11" x 8' 10"
Another well-sized double room with electric heating and rear-facing window.
Family Bathroom - Modern suite with panel-enclosed bath and shower over, WC, wash basin, chrome heated towel rail, spotlights, and extractor fan.
Location:
The Hythe is a modern riverside development close to:
University of Essex (Walking Distance)
Hythe Train Station (Links to Colchester & London)
Local supermarkets, gym, coffee shops & retail
Bus routes to town centre and beyond
Current Rent: £1,300 PCM / £15,600 PA
Purchase Price: £170,000
Approx. Gross Yield: 9.2%
Leasehold - Approx. 113 Years Remaining
Service Charge: £2,000 - £2,500 PA (approx.)
Ground Rent: £350 PA