Morledge Street, Leicester LE1 1 bed flat for sale

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Morledge Street, Leicester LE1 1 bed flat for sale

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.