Excellent investment opportunities

By Jonathan Bailey

Excellent investment opportunities

Michaels Property Consultants are pleased to be offering for sale two apartments with excellent potential yields.

The Coach House, Colchester –

      ·         Sale price – Guide Price £125,000

·         Rent Achievable - £650

·         Potential Yield – 6.2%

A perfect opportunity for any investor has arisen with this fabulous, newly built one bedroom apartment located within walking distance of two of Colchester's stations (Colchester Hythe and Colchester Town) with direct links to London Liverpool Street, Colchester Town Centre and a short walk to University of Essex. The property is well presented throughout and features a double bedroom with a ensuite bathroom, open plan and contemporary kitchen & living space and comes with gated allocated parking. No onward chain.

St Peters Street, Colchester –

·         Sale Price – OIEO £130,000

·         Rent achievable - £695

·         Potential Yield – 6.4%

A superb investment opportunity has arisen within this spacious one bedroom apartment forming part of this popular development, set adjacent to the River Colne and within striking distance of North Station and the Town Centre. The property is offered with a tenant in situ, currently contracted until July 2018, maintaining the property beautifully and paying £615pcm - an excellent yield. The property features a private entrance hall, a spacious living room which opens to a modern fitted kitchen, a large double bedroom and sizeable bathroom. Furthermore, there is allocated parking, accessed via secure electric gates. Stuart House itself also enjoys the unusual benefit of a superb resident's gymnasium and a fabulous communal conservatory. Viewing highly recommended.

For further information on either of these exceptional investment opportunities please contact the Michaels team now.