Initial price	£195,000
20/09/24	£190,000
27/09/24	£187,000
03/10/24	£184,000
10/10/24	£181,000
17/10/24	£178,000
24/10/24	£175,000
31/10/24	£172,000
07/11/24	£169,000
13/11/24	£166,000
20/11/24	£163,000
Price Change	-16.41%

This 2-bedroom flat in Colchester offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features 2 bedrooms, 2 bathrooms, a modern lounge, kitchen, and allocated parking, making it a desirable rental property. Currently, the property produces an annual gross income of £10,800, but with the new owner, this could be increased to a market rate of £13,200. The current tenants have been paying rent consistently and have no intention of moving out, providing a secure income stream. With its valuable amenities and rental returns, this property is a worthwhile addition to any investor's portfolio.