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Merrin Court, Loughborough LE11 5 bed block of apartments for sale
Merrin Court, Loughborough,LE11
£435,000
Merrin Court, Loughborough,LE11
£435,000
Price History
Initial price | £460,000 |
21/12/24 | £455,000 |
28/12/24 | £450,000 |
03/01/25 | £445,000 |
11/01/25 | £440,000 |
17/01/25 | £435,000 |
Price Change | -5.43% |
Description
This multi-unit property in Loughborough is currently generating steady rental returns for the current landlord, with an annual gross income of £33,960. The property features 5 bedrooms, spacious kitchens, an outdoor space, and a modern Air Source Heat Pump heating system. The property has long-term tenants in place, and with some minor adjustments, the new owner could increase the annual gross income to £40,188. With a purchase price that will yield a worthwhile return on investment, this property is an excellent opportunity for investors looking to expand their portfolio.