On the market with Jackson & Co is this 1 bedroom second floor apartment located on Hawkins Road is a fantastic investment for anyone looking to get onto the property ladder. This apartments benefits from being within a close proximity to Colchester Hythe station and is also close to the university which means you will never have trouble finding a tenant. It has been well maintained and is modern throughout so you will not have to carry any work out on the property.
The property is currently being sold purely as an investment as it has a tenant in until August 2016, the current tenant is paying £700pcm, if the property was purchased at the guide price of £118,000 the this would achieve a return of 7.1%.
For more information please follow the link below.
http://www.rightmove.co.uk/property-for-sale/property-37373424.html
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