1-bed apartment for sale

Colchester, Essex

1 bedroom1 bathroom

137.350 €

Listed Oct 9, 2026

About this listing

OVERVIEW *** GUIDE PRICE £115,000 - £135,000 *** 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.

What's included

Balcony

Parking

Location

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Listed on

Rightmove

137.350 €