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Mortimer Gardens, Colchester CO4 1 bed flat for sale
Mortimer Gardens, Colchester CO4
£120,000
Mortimer Gardens, Colchester CO4
£120,000
Price History
Initial price | £130,000 |
14/07/25 | £125,000 |
23/07/25 | £123,000 |
05/08/25 | £120,000 |
Price Change | -7.69% |
Description
This 1-bedroom flat in Colchester is a great investment opportunity, offering a strong potential for rental returns. The property is conveniently located near essential amenities and has a tenant in residence, producing an annual gross income of £10,200. The current tenants have been paying their rent on time and wish to continue their tenancy, providing a stable and secure investment. The property features one bedroom, a three-piece bathroom, a lounge, and a kitchen, as well as communal private parking. With its potential for rental income and a tenant already in place, this flat is a worthwhile addition to any investor's portfolio.