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Block of flats
Lorne Road, Leicester LE2
£425,000
Lorne Road, Leicester LE2
£425,000
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 situated close to amenities and currently generates an annual gross income of £35,820, with tenants already in place. The well-kept home features 6 bedrooms, 6 bathrooms, a kitchen/dining area, and a rear garden. The current tenants have been paying rent consistently for several years and have no plans to move out, making for a stable and predictable income stream. With its potential for future rental income and its current tenant-occupied status, this property is a worthwhile addition to any investor's portfolio.