Initial price	£280,000
19/09/24	£275,000
30/09/24	£270,000
07/10/24	£265,000
11/10/24	£260,000
17/10/24	£255,000
26/10/24	£280,000
31/10/24	£275,000
07/11/24	£270,000
14/11/24	£265,000
20/11/24	£260,000
Price Change	-7.14%

This 2-bedroom mid-terrace property in Colchester is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features spacious bedrooms, a garden ground space, bathroom, lounge, and kitchen. Currently, it generates an annual gross income of £12,600, but with some minor adjustments, the new owner could increase the rental income to £24,000. The property has long-term tenants who have been paying rent consistently for several years and have no intention of moving out, making it a stable and lucrative investment. With its proximity to amenities and potential for rental income growth, this property is a worthwhile addition to any investor's portfolio.