2 bedroom flat for sale

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2 bedroom flat for sale

Clearwater, Colchester CO2
£145,000

Price History

Initial price £150,000
24/11/24 £147,000
29/11/24 £145,000
Price Change -3.33%

Description

This 2-bedroom flat in Colchester is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a private driveway, with a current annual gross income of £7,800 that could be increased to £12,816 with long-term tenants already in place. The tenants, who have been living in the property for several years, have consistently paid their rent and do not intend to move out, making for a stable and lucrative investment. With its proximity to amenities and potential for increased rental income, this property is a worthwhile addition to any investor's portfolio.