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1 bedroom flat for sale
Hall Drive, Melton Mowbray, Leicestershire, LE14
£85,500
Hall Drive, Melton Mowbray, Leicestershire, LE14
£85,500
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
Description
This 1-bedroom flat in Melton Mowbray offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a range of amenities, including a roof terrace, communal garden grounds, and parking area. Currently, the property produces an annual gross income of £6,000, which has the potential to increase to £7,980 with long-term tenants already in situ. The tenants, who have been in the property for several years, have consistently paid their rent on time and have no intention of moving out, making it an attractive option for investors seeking a stable and lucrative return on their investment.