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
£123,000

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)

Description

This 1-bedroom flat in Colchester is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a comfortable layout with 1 bedroom, lounge, kitchen, bathroom, and street parking. Currently, it generates an annual gross income of £10,740 with tenants already in situ, who have a long-standing tenancy and intend to remain in the property. With a potential rental income and the purchase price, this property has the potential to be a worthwhile addition to an investor's portfolio. The vendor, Let Property, is committed to facilitating a smooth transaction process and is eager to facilitate a sale.