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Mortimer Gardens, Colchester CO4 1 bed flat for sale
Mortimer Gardens, Colchester, CO4
£105,000
Mortimer Gardens, Colchester, CO4
£105,000
Our Summary
- 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 investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Colchester is a lucrative investment opportunity, generating an annual gross income of £10,740 with a tenant already in place. The property is well-maintained and features a lounge, kitchen, bathroom, and street parking. With a current tenant who has been paying rent consistently for several years and has no plans to move out, this flat offers a stable and rewarding rental return. The asking price and potential rental income make it an attractive addition to any investor's portfolio, and the seller's agent is committed to facilitating a smooth transaction process.