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Morledge Street, Leicester LE1 1 bed 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 |
15/03/25 | £103,000 |
21/03/25 | £101,000 |
28/03/25 | £99,000 |
05/04/25 | £97,000 |
11/04/25 | £95,000 |
18/04/25 | £93,000 |
24/04/25 | £91,000 |
30/04/25 | £89,000 |
Price Change | -28.80% |
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.