Lombardy Rise, Leicester LE5 2 bed flat for sale

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Lombardy Rise, Leicester LE5 2 bed flat for sale

Lombardy Rise, Leicester LE5
£150,000

Our Summary

  • 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 2-bedroom flat in Leicester is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, with a current annual gross income of £6,000. With long-term tenants already in place, the new owner could increase the rent to a market rate of £9,600, making it a worthwhile addition to their portfolio. The tenants have been consistent in their rent payments over several years and have no intention of moving out, ensuring a smooth transition for the new owner. With Let Property Sales committed to facilitating a smooth transaction process, this is a great chance for investors to make a profitable purchase.