15 bedroom block of apartments for sale

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15 bedroom block of apartments for sale

Cullingford Way, Louth, LN11
£965,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This portfolio of five houses in Louth offers a lucrative investment opportunity for investors seeking a steady and rewarding return. The properties, which include two semi-detached and three terraced homes, are located in a town centre with close proximity to local amenities and transport links. Each property features three spacious bedrooms, a three-piece bathroom, a lounge, kitchen, driveway, and rear garden space, all in pristine condition. The properties currently generate an annual gross income of £52,620, which could be increased to a market rate of £53,700 with tenants already in place. With a purchase price to be negotiated, this portfolio presents a worthwhile addition to an investor's property portfolio, offering a significant return on investment.
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