Merrin Court, Loughborough LE11 5 bed block of apartments for sale

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Merrin Court, Loughborough LE11 5 bed block of apartments for sale

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.