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
£440,000

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
Price Change -4.35%

Description

This multi-unit property in Loughborough is a lucrative investment opportunity, currently generating a steady annual gross income of £33,960 from tenants. The property features five bedrooms, spacious kitchens, outdoor spaces, and a modern air source heat pump system. With the potential to increase the rent to a market rate of £40,188, this property offers a worthwhile addition to an investor's portfolio. The current tenants are long-term residents, providing a stable income stream. For those interested in learning more about the property's investment potential, a Let Property Pack is available, and the real estate agents are committed to facilitating a smooth transaction process.