Morledge Street, Leicester LE1 1 bed flat for sale

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Morledge Street, Leicester LE1 1 bed flat for sale

Morledge Street, Leicester LE1
£89,000

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)

Description

This 1-bedroom flat in Leicester is a great investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a bedroom, lounge, kitchen, bathroom, and a parking space, making it a convenient and comfortable living space. Currently, the property generates an annual gross income of £9,600, which could be increased to a market rate of £9,636 with long-term tenants already in place. The tenants have been consistent in their rent payments and have no plans to move out, making it a stable investment opportunity. With a worthwhile addition to an investor's portfolio, this property offers a great chance for those looking to generate rewarding rental returns.