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1 bedroom flat for sale
Morledge Street, Leicester, LE1
£89,000
Morledge Street, Leicester, LE1
£89,000
Price History
Initial price | £125,000 |
01/02/25 | £115,000 |
15/02/25 | £107,000 |
04/03/25 | £105,000 |
14/03/25 | £103,000 |
21/03/25 | £101,000 |
27/03/25 | £99,000 |
05/04/25 | £97,000 |
10/04/25 | £95,000 |
17/04/25 | £93,000 |
23/04/25 | £91,000 |
29/04/25 | £89,000 |
Price Change | -28.80% |
Description
This 1-bedroom flat in Leicester is a fantastic investment opportunity for those looking to expand their portfolio. The property is close to amenities, has a tenant currently in situ, and generates a rewarding annual gross income of £9,600. The current rent is below market rate, providing scope for the new owner to increase the income to £9,636. The property itself is well-kept and features one bedroom, a lounge, a kitchen, a bathroom, and a parking space for added convenience. With a long-term tenant already in place, there is minimal risk of vacancy, making this a worthwhile addition to any investor's portfolio.