Block of flats

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Block of flats

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
10/01/25 £440,000
Price Change -4.35%

Description

This multi-unit property in Loughborough is an attractive investment opportunity, currently generating a steady income of £33,960 per year from its tenants. The property features 5 bedrooms, spacious kitchens, outdoor spaces, and a modern air source heat pump heating system. With a purchase price to be negotiated, the new owner could potentially increase the annual gross income to £40,188 by optimizing the rental returns. The property has long-term tenants in place, making it a worthwhile addition to an investor's portfolio.