1 bed flat

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1 bed flat

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 offers a fantastic investment opportunity, with a tenant in residence and 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 have been paying rent on time for a year and wish to continue their tenancy, providing a stable and reliable income stream. With its strong potential for rental returns and convenient location, this property is an attractive addition to any investor's portfolio.