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Block of flats
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 |
10/01/25 | £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 its landlord, with an annual gross income of £33,960. The property features five bedrooms, spacious kitchens, outdoor spaces, and a modern air source heat pump heating system. With long-term tenants already in place, the new owner has the opportunity to increase the income to a market rate of £40,188. The property presents a worthwhile investment opportunity for those looking to expand their portfolio, with a purchase price that will yield a significant return.