Morledge Street, Leicester LE1 2 bed flat for sale

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Morledge Street, Leicester LE1 2 bed flat for sale

Morledge Street, Leicester LE1
£115,000

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
Price Change -14.81%

Description

This 2-bedroom flat in Leicester is an attractive investment opportunity for those looking to expand their portfolio. The property features 2 bedrooms, 2 ensuite bathrooms, a spacious lounge, kitchen, and allocated parking, and is currently producing an annual gross income of £9,900. With tenants already in place, the new owner could increase the rental income to a market rate of £12,000, making it a worthwhile addition to an investment portfolio. The current tenants have consistently paid their rent and have no intention of moving out, ensuring a smooth transition for the new owner.