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2 bed property, in Pier Wharf, £165,000
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2 bed flat

Pier Wharf, Quayside Drive, Colchester
£165,000
Cash BuyersLeasehold

This spacious top-floor apartment is located in a sought-after residential area, within walking distance to the University of Essex and Hythe Railway Station, which offers links to London Liverpool Street. The property is a stylish investment opportunity, currently generating a rental income of £1,295 per month. The apartment features an open-plan living room and kitchen, with wood effect flooring and double-glazed doors and windows leading to a balcony with roofline views. There are two bedrooms, including an en-suite bathroom, and a further bathroom with a panelled bath. The property also benefits from an allocated underground gated parking space and two balconies. With a guide price of £165,000-£175,000, it is suitable for cash buyers only. The lease has 155 years remaining, and the service charge and ground rent are paid bi-annually.