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Leicester Road, Loughborough LE11 8 bed semi
Leicester Road, Loughborough LE11
£435,000
Leicester Road, Loughborough LE11
£435,000
Our Summary
- The property currently has a gross yearly income of £25,500 and there is scope to increase this income by reconfiguring the building to provide a greater number of units (subject to suitable planning consents)
- POTENTIAL TO INCREASE THE INCOME BY RECONFIGURING THE LAYOUT TO PROVIDE A GREATER NUMBER OF UNITS (SUBJECT TO SUITABLE PLANNING CONSENTS)
- Potential to increase the income by reconfiguring the layout to provide a greater number of units (subject to suitable planning consents)
Description
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Here is a summary of the property description in a single paragraph:
This attractive 4-storey end townhouse, located near the town center and railway station, is a fully let residential investment property being sold as a going concern. The property offers approximately 3,500 sqft of accommodation, divided into three large flats, two of which are double-storey. The property has off-road parking to the rear and a fire escape. With a gross yearly income of £25,500, there is scope to increase this income by reconfiguring the building to provide a greater number of units (subject to suitable planning consents). The property is held on a 999-year lease with 937 years remaining and has a 'Peppercorn rent' of 1 Shilling.