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Merttens Drive, Leicester LE7 2 bed coach house for sale
Merttens Drive, Rothley, Leicester, LE7 7SX
£200,000
Merttens Drive, Rothley, Leicester, LE7 7SX
£200,000
Our Summary
- The potential yield on this property sits around 5
- Viewing is however still highly recommended to appreciate the potential of this fantastic property
Description
This rare freehold apartment in the heart of Rothley is a highly sought-after property that offers immediate cash flow and flexibility. With a potential yield of 5.6%, the current tenant can stay or vacate, allowing the buyer to raise the rent, move in, or stage for resale. The property boasts a spacious open-plan lounge-kitchen-diner, two restful bedrooms, and a well-kept bathroom. Additional features include an oversized garage, private driveway parking, ground-floor storage, and energy-efficient electric heating and double glazing. Located just a two-minute walk from Woodgate, with its artisan coffee, gastro pubs, and Co-op, the property is also close to Leicester city centre and Loughborough. With a guide price lower than equivalent-sized flats in Leicester's city centre, and local rents climbing to £900-£950 pcm, this property is a no-brainer for investors and first-time buyers alike.