Morledge Street, Leicester LE1 1 bed flat for sale

>

Morledge Street, Leicester LE1 1 bed flat for sale

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.