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Morledge Street, Leicester LE1 2 bed flat for sale
Morledge Street, Leicester LE1
£113,000
Morledge Street, Leicester LE1
£113,000
Price History
Initial price | £135,000 |
14/03/25 | £123,000 |
21/03/25 | £121,000 |
27/03/25 | £119,000 |
04/04/25 | £117,000 |
09/04/25 | £115,000 |
18/04/25 | £113,000 |
Price Change | -16.30% |
Description
This 2-bedroom flat in Leicester offers a fantastic investment opportunity for those looking to expand their portfolio. The well-maintained property features two bedrooms, two ensuite bathrooms, a spacious lounge, kitchen, and allocated parking. Currently, it produces an annual gross income of £9,900, which could be increased to a market rate of £12,000 with tenants already in situ. The property has a valuable tenant who has consistently paid rent and has no intention of moving out, making it a low-risk investment. With a purchase price that offers a worthwhile return, this property is an attractive addition to any portfolio.