Lombardy Rise, Leicester LE5 2 bed flat for sale

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Lombardy Rise, Leicester LE5 2 bed flat for sale

Lombardy Rise, Leicester LE5
£140,000

Our Summary

  • 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 2-bedroom flat in Leicester is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, kitchen, and bathroom. Currently, it produces an annual gross income of £6,000, which could be increased to £9,600 with long-term tenants already in place. The tenants have been paying rent consistently for several years and have no plans to move out, making it a stable and lucrative investment. With a purchase price that could yield a worthwhile return, this property is a great addition to any portfolio.