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
£95,000

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
Price Change -24.00%

Description

This 1-bedroom flat in Leicester offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, lounge, kitchen, bathroom, and a parking space, making it a convenient and comfortable home for tenants. Currently, the property generates an annual gross income of £9,600, which could be increased to £9,636 with long-term tenants already in place. The property is situated in a prime location, close to valuable amenities, and has a tenant who has been living there for several years and has consistently paid their rent. With the potential for increased rental income and a stable tenant, this property is a worthwhile addition to any investor's portfolio.