>
2 bedroom terraced house for sale
Williams Walk, Colchester CO1
£260,000
Williams Walk, Colchester CO1
£260,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 2-bedroom mid-terrace property in Colchester is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features spacious bedrooms, a garden ground space, bathroom, lounge, and kitchen. Currently, it generates an annual gross income of £12,600, but with some minor adjustments, the new owner could increase the rental income to £24,000. The property has long-term tenants who have been paying rent consistently for several years and have no intention of moving out, making it a stable and lucrative investment. With its proximity to amenities and potential for rental income growth, this property is a worthwhile addition to any investor's portfolio.