3 bedroom terraced house

Ilex Close, Colchester CO2 9QD

Size: sqm

Purchase price

£270,000

Size: sqm

Finance breakdown
Financial performance*
Gross rent £12,000
Service charge £380
Lettings fees £1,260
Net income £10,360
Gross yield 4.44%
Net yield 3.84%

yieldit are pleased to bring to the market this spacious and well kept 3-bedroom mid terraced property, which presents a fantastic investment opportunity in the property hotspot of Colchester, a thriving market town which is full of historic charm. The property consists of; entrance porch; larger than average reception room; three good-sized bedrooms with fitted wardrobes, family bathroom; separate w.c and a fully-fitted kitchen. The property has the benefit of gas central heating, double glazing, is freshly carpeted throughout and includes a fantastic front and back garden as well as an allocated parking space.

Located in Essex, Colchester is in an enviable position just 50 miles from London. The popular commuter town is connected with the capital by the A12 road and frequent services from Colchester Railway station and is conveniently just 30 miles from London Stanstead Airport. The historic town was named one of the top places to live in the UK in 2021 due to it’s beautiful coastline, countryside and culture offering. Property prices have increased by 5% in the last year and 10% since 2018 (Rightmove) which means the town is a great candidate for buy-to-let investment where rental demand will be high and offering great potential for capital growth.

Colchester is undergoing extensive projects of regeneration which will only add to it’s attraction as a place to live and work. The multimillion-pound projects include plans to revitalise the town centre, improve infrastructure and create roads, improve walking and cycling links around the centre and bring new trains and homes to the county. The town is already the largest employment centre in North Essex meaning there will certainly always be demand for this kind of property on the rental market. Don’t miss out and enquire today!

ATTENTION INVESTORS - SUPERB BUY-TO-LET INVESTMENT OPPORTUNITY IN A GREAT LOCATION! A spacious three-bedroomed terraced property in the popular town of Colchester. Don't miss out and enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

Buy-to-let investment opportunity

Key features

Anticipated rent of £950 PCM

Key features

Fantastic location

Key features

3 bedroom mid terraced property

Key features

Spacious accomodation throughout

Key features

Well kept and freshly decorated

Key features

Wonderful front and back garden

Key features

Allocated parking

Key features

Excellent location

Key features

Great transport links

Key features

Freehold

ATTENTION INVESTORS - SUPERB BUY-TO-LET INVESTMENT OPPORTUNITY IN A GREAT LOCATION! A spacious three-bedroomed terraced property in the popular town of Colchester. Don't miss out and enquire today. More info...

yieldit are pleased to bring to the market this spacious and well kept 3-bedroom mid terraced property, which presents a fantastic investment opportunity in the property hotspot of Colchester, a thriving market town which is full of historic charm. The property consists of; entrance porch; larger than average reception room; three good-sized bedrooms with fitted wardrobes, family bathroom; separate w.c and a fully-fitted kitchen. The property has the benefit of gas central heating, double glazing, is freshly carpeted throughout and includes a fantastic front and back garden as well as an allocated parking space.

Located in Essex, Colchester is in an enviable position just 50 miles from London. The popular commuter town is connected with the capital by the A12 road and frequent services from Colchester Railway station and is conveniently just 30 miles from London Stanstead Airport. The historic town was named one of the top places to live in the UK in 2021 due to it’s beautiful coastline, countryside and culture offering. Property prices have increased by 5% in the last year and 10% since 2018 (Rightmove) which means the town is a great candidate for buy-to-let investment where rental demand will be high and offering great potential for capital growth.

Colchester is undergoing extensive projects of regeneration which will only add to it’s attraction as a place to live and work. The multimillion-pound projects include plans to revitalise the town centre, improve infrastructure and create roads, improve walking and cycling links around the centre and bring new trains and homes to the county. The town is already the largest employment centre in North Essex meaning there will certainly always be demand for this kind of property on the rental market. Don’t miss out and enquire today!

  • Key features
    Tick Desktop Buy-to-let investment opportunity
    Tick Desktop Anticipated rent of £950 PCM
    Tick Desktop Fantastic location
    Tick Desktop 3 bedroom mid terraced property
    Tick Desktop Spacious accomodation throughout
    Tick Desktop Well kept and freshly decorated
    Tick Desktop Wonderful front and back garden
    Tick Desktop Allocated parking
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £12,000
Service charge £380
Lettings fees £1,260
Net income £10,360
Gross yield 4.44%
Net yield 3.84%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.