Lee Street, Louth LN11 1 bed terraced house for sale

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Lee Street, Louth LN11 1 bed terraced house for sale

Lee Street, Louth, Lincolnshire, LN11
£53,000

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 mid-terrace house in Louth is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, lounge, kitchen, bathroom, rear garden space, and street parking. Currently, it generates an annual gross income of £5,400 with tenants already situated, who have been consistently paying their rent for several years and have no plans to move out. With its potential rental income and purchase price, this property is a worthwhile addition to an investor's portfolio. The current tenants have a strong track record of paying rent on time, making it an attractive option for investors looking for a stable and reliable source of income.