£105,000 /Sale price

** Guide Price £105,000 - £110,000 ** Sold with a tenant in situ - Current yield 8.6% due to long standing tenant, with current rental increases the property has a potential yield of 9.1%. Positioned within the established residential area of Old Heath, Colchester, this one bedroom apartment presents an excellent buy-to-let opportunity with a tenant already in situ.The accommodation comprises a bright living area, fitted kitchen, double bedroom, and bathroom, offering a practical layout suited to long-term rental demand. Externally, the property benefits from residents' parking and communal grounds.Old Heath provides easy access to Colchester city centre, local shops, schools, and bus routes, as well as the University of Essex, making the area particularly attractive for both professional and student tenants.This property is offered to investors only, providing an immediate rental return in a consistently popular location.