Mortimer Gardens, Colchester CO4 1 bed flat for sale

>

Mortimer Gardens, Colchester CO4 1 bed flat for sale

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.