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2 bed end terrace house
Culture Close, Melton Mowbray LE13
£185,000
Culture Close, Melton Mowbray LE13
£185,000
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 for those looking to expand their portfolio. The property is conveniently located near essential amenities and currently has a tenant in residence, producing an annual gross income of £10,500. With a low-maintenance paved rear garden and access to communal residents' parking, this well-maintained home offers strong potential for rental returns. The area is renowned for its culinary heritage and charming market town atmosphere, with reputable high schools and convenient access to larger cities like Nottingham and Leicester. The current tenants, who have been in residence for less than a year, wish to continue their tenancy, providing a smooth transition for the new owner. With the potential to increase the annual income to £13,800, this property is a worthwhile addition to any investor's portfolio.