Mortimer Gardens, Colchester CO4 1 bed flat for sale

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Mortimer Gardens, Colchester CO4 1 bed flat for sale

Mortimer Gardens, Colchester, CO4
£105,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Colchester is an attractive investment opportunity, offering a current annual gross income of £10,200 from a tenant in residence. The property features one bedroom, a three-piece bathroom, a lounge, and a kitchen, as well as communal private parking. With a tenant already situated and committed to staying, this property has strong potential for rental returns. The current purchase price and potential future rental income make it a worthwhile addition to an investor's portfolio, and Let Property is committed to facilitating a smooth transaction process.