Initial price	£159,995
01/11/23	£150,000
15/05/24	£145,000
Price Change	-9.37%

This property is a freehold investment located near Brook Retail Park in Colchester, with easy access to the A133 and the seafront. The property features a 14'9" lounge, 14'9" kitchen, newly fitted bathroom with underfloor heating, 14'9" bedroom, and allocated parking. The existing tenant pays £675 per month, with potential to increase to £750 per month. The property also includes a brick storage cupboard, double glazed doors leading to the lounge/diner, and a small lawned front garden. The bathroom has been recently refitted with a panel enclosed bath, vanity wash hand basin, and underfloor heating. The property has an EPC rating of D and is in Council Tax Band A. The agent has not tested any of the apparatus, equipment, fixtures, and fittings, and references to the tenure are based on information supplied by the seller.