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Hall Drive, Burton Lazars LE14 1 bed flat for sale
Hall Drive, Burton Lazars LE14
£79,500
Hall Drive, Burton Lazars LE14
£79,500
Price History
Initial price | £115,000 |
31/07/24 | £100,000 |
06/08/24 | £96,000 |
14/08/24 | £90,000 |
22/08/24 | £88,000 |
30/08/24 | £86,000 |
08/09/24 | £84,000 |
30/09/24 | £82,000 |
07/10/24 | £80,000 |
09/10/24 | £87,500 |
16/10/24 | £85,500 |
24/10/24 | £83,500 |
30/10/24 | £81,500 |
06/11/24 | £79,500 |
12/11/24 | £87,500 |
20/11/24 | £85,500 |
26/11/24 | £83,500 |
04/12/24 | £81,500 |
11/12/24 | £79,500 |
18/12/24 | £87,500 |
31/12/24 | £85,500 |
08/01/25 | £83,500 |
15/01/25 | £81,500 |
29/01/25 | £79,500 |
Price Change | -30.87% |
Description
This 1-bedroom flat in Melton Mowbray is an attractive investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a range of amenities, including a roof terrace, communal garden grounds, and parking area. Currently producing an annual gross income of £6,000, the property has the potential to generate a higher return of £7,980 with long-term tenants already in situ. The tenants, who have been in the property for several years, have consistently paid their rent on time and have no intention of moving out, providing a stable and predictable income stream for the new owner. With a Let Property Pack available for further details, this property offers a worthwhile addition to an investor's portfolio.