Block of flats

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Block of flats

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.