1 bedroom apartment for sale

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1 bedroom apartment for sale

Revell Close, Quorn, Loughborough
£140,000

Price History

Initial price £150,000
08/10/24 £140,000
Price Change -6.67%

Description

This fantastic buy-to-let investment opportunity is a ground floor one-bedroom maisonette situated in a quiet cul-de-sac location within the heart of Quorn village, a popular rural location on the outskirts of Loughborough town. The property features an entrance hall, lounge, separate kitchen, double bedroom, and bathroom, with double glazing, gas central heating, and a communal garden and parking area. Currently tenanted until June 2025, the property generates a rental income of £550 PCM, providing a yield of 4.4%. The property also comes with a 125-year lease from 1996, with 96 years remaining, and ground rent of £50 per annum, as well as service charges of £121 per quarter. This is an ideal investment opportunity for those looking for a stable and lucrative rental income.