Baxter Gate, Loughborough LE11 10 bed block of apartments for sale

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Baxter Gate, Loughborough LE11 10 bed block of apartments for sale

Baxter Gate, Loughborough, LE11 1TQ - 9 Flats FOR SALE - FREEHOLD
£1,200,000

Our Summary

  • An excellent investment opportunity comprising nine self-contained flats creating a yearly income of £83,647
  • Fantastic Investment Opportunity Creating A Yearly Income Of £83,647

Description

This investment opportunity comprises nine self-contained flats, generating a yearly income of £83,647.20. The property, located in a prime town centre location, offers a mix of studios, one-bedroom, and a two-bedroom top floor flat, all recently refurbished to a high standard. The flats are sold with tenants in situ, benefiting from a long-standing history of steady lettings, and create a net yield of 6.97% at the £1,200,000 asking price. The property is close to a wide range of amenities, making it attractive to tenants and ensuring ongoing demand. With a secure income stream and strong rental appeal, this well-maintained block presents an excellent investment opportunity.