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2 bed end terrace house
Culture Close, Melton Mowbray LE13
£180,000
Culture Close, Melton Mowbray LE13
£180,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom end-of-terrace house in Melton Mowbray is a fantastic investment opportunity, with a current tenant in residence and strong potential for rental returns. The well-maintained property features a three-piece bathroom, lounge, and kitchen, and benefits from access to communal residents' parking and a low-maintenance paved rear garden. Located in a charming market town with a rich culinary heritage, the property is close to local amenities, reputable high schools, and has convenient access to larger cities such as Nottingham and Leicester. The current annual gross income is £10,500, which could be increased to a market rate of £13,800 with new tenants. The current tenants have been paying their rent on time and wish to continue their tenancy, making for a smooth transaction process.