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Block of flats
Merrin Court, Loughborough LE11
£440,000
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.