Victoria Road East, Leicester LE5 1 bed flat for sale

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Victoria Road East, Leicester LE5 1 bed flat for sale

Victoria Road East, Leicester LE5
£80,000

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 1-bedroom flat in Leicester offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £8,400. With a market rate of £10,200, there is potential to increase the rental returns. The property has a long-term tenant already in situ, who has consistently paid rent and has no intention of moving out. The current annual gross income provides a worthwhile addition to an investor's portfolio, making it an attractive opportunity for those looking to grow their rental income.