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1 bed flat
Victoria Road East, Leicester LE5
£87,500
Victoria Road East, Leicester LE5
£87,500
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 1-bedroom flat in Leicester is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, lounge, kitchen, and bathroom, with a current annual gross income of £8,400. With long-term tenants already in place, the new owner has the potential to increase the rental income to £10,200 by simply increasing the rent to market rate. The tenants, who have been in the property for several years, have a good track record of paying their rent on time and have no plans to move out. With a Let Property Pack available for further details, this property is a worthwhile addition to any investor's portfolio.