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5 bedroom house of multiple occupation for sale
Lorne Road, Leicester, Leicestershire, LE2
£375,000
Lorne Road, Leicester, Leicestershire, LE2
£375,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- 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 6-bedroom HMO in Leicester is an attractive investment opportunity for those looking to expand their portfolio. The property is well-kept and features 6 bedrooms, 6 bathrooms, a kitchen/dining area, and a rear garden. Currently, it generates an annual gross income of £35,820 with tenants already in situ, who have a good track record of paying their rent on time and have no plans to move out. With its potential for future rental income and a competitive purchase price, this property is expected to provide a worthwhile addition to an investor's portfolio. The current tenants have been in the property for several years and are committed to remaining, making for a smooth transition for the buyer.