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3 bedroom terraced house for sale
Longleat Drive, Louth LN11
£115,000
Longleat Drive, Louth LN11
£115,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 3-bedroom terrace house in Louth is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, patio, and rear garden space. Currently, it generates an annual gross income of £7,500 with tenants already situated, and its purchase price and potential rental income make it a worthwhile addition to an investor's portfolio. The current tenants have been living in the property for several years, paying rent consistently, and have no intentions to move out, ensuring a smooth transition for the buyer.