Gallant Richardson Estate Agents have put this two bedroom apartment close to Colchester's Town Centre on the market at £125,000. It could potentially achieve a rental income of £650 pcm.

If you bought it for £125,000 it would offer a great yield of 6.24% per year!

This is definitely a safe bet for any buy to let investor being in such a popular location.

Looks to be in good condition inside, have a look at the internal photos on the Rightmove link.

http://www.rightmove.co.uk/property-for-sale/property-49086481.html