Hall Drive, Burton Lazars LE14 1 bed flat for sale

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Hall Drive, Burton Lazars LE14 1 bed flat for sale

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.