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Block of flats
Melbourne Road, Ibstock LE67
£1,100,000
Melbourne Road, Ibstock LE67
£1,100,000
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 portfolio of 7 flats in Ibstock is currently generating a steady annual gross income of £48,300 with tenants already in place, making it a rewarding investment opportunity for those looking to expand their property portfolio. The flats feature a lounge, kitchen, bathroom, and driveway, and the current landlord is benefiting from a steady stream of rental returns. With a strong potential for future rental income, this property presents a worthwhile addition to an investor's portfolio.