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Morledge Street, Leicester LE1 1 bed flat for sale
Morledge Street, Leicester LE1
£93,000
Morledge Street, Leicester LE1
£93,000
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 is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features one bedroom, a lounge, kitchen, bathroom, and a parking space, making it a convenient and practical home for tenants. Currently, the property generates an annual gross income of £9,600, which could be increased to a market rate of £9,636 with long-term tenants already in place. The tenants, who have been in the property for several years, have consistently paid their rent and have no plans to move out, making for a stable and predictable income stream. With a competitive purchase price, this property offers a worthwhile addition to any investor's portfolio, and Let Property Sales is committed to facilitating a smooth transaction process to ensure a successful sale.