Mortimer Gardens, Colchester CO4 1 bed flat for sale

>

Mortimer Gardens, Colchester CO4 1 bed flat for sale

Mortimer Gardens, Colchester CO4
£123,000

Price History

Initial price £130,000
14/07/25 £125,000
23/07/25 £123,000
Price Change -5.38%

Description

This 1-bedroom flat in Colchester is an attractive investment opportunity, offering strong potential for rental returns and currently producing an annual gross income of £10,200. The property features one bedroom, a three-piece bathroom, a lounge, and a kitchen, as well as communal private parking. The current tenants, who have been in residence for a year, are willing to continue their tenancy, providing a stable and reliable income stream. With a tenant in situ, the property offers a low-risk investment option for those looking to expand their portfolio, and the sale is facilitated by Let Property's commitment to a smooth transaction process.