Initial price	£185,000
22/04/25	£182,000
29/04/25	£179,000
04/06/25	£175,000
Price Change	-5.41%

This 2-bedroom flat in Colchester offers a fantastic investment opportunity for those looking to expand their portfolio. The property features two spacious bedrooms, two bathrooms, and an open-plan living space, and is currently producing an annual gross income of £14,400. With long-term tenants already in situ, the new owner can increase the income to a market rate of £14,472. The property is a worthwhile addition to any investor's portfolio, with a valuable location and rewarding rental returns. The current tenants have a good track record of paying rent on time and have no plans to move out, making for a smooth and hassle-free transaction.