Mortimer Gardens, Colchester CO4 1 bed flat for sale

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Mortimer Gardens, Colchester CO4 1 bed flat for sale

Mortimer Gardens, Colchester CO4
£105,000

Price History

Initial price £125,000
23/07/25 £123,000
05/08/25 £120,000
11/10/25 £110,000
20/11/25 £105,000
Price Change -16.00%

Description

This 1-bedroom flat in Colchester is a lucrative investment opportunity, generating an annual gross income of £10,740 with a tenant already in place. The property is well-maintained and features a lounge, kitchen, bathroom, and street parking. With a current tenant who has been paying rent consistently for several years and has no plans to move out, this flat offers a stable and rewarding rental return. The asking price and potential rental income make it an attractive addition to any investor's portfolio, and the seller's agent is committed to facilitating a smooth transaction process.