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1 bedroom flat for sale
Hall Drive, Melton Mowbray, Leicestershire, LE14
£81,500
Hall Drive, Melton Mowbray, Leicestershire, LE14
£81,500
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 |
22/09/24 | £84,000 |
26/09/24 | £82,000 |
02/10/24 | £80,000 |
09/10/24 | £87,500 |
16/10/24 | £85,500 |
24/10/24 | £83,500 |
30/10/24 | £81,500 |
Price Change | -29.13% |
Description
This 1-bedroom flat in Melton Mowbray is an attractive investment opportunity for those looking to expand their portfolio. The well-maintained property features a bedroom, bathroom, lounge, kitchen, roof terrace, communal garden grounds, and parking area. Currently, it produces an annual gross income of £6,000, which could be increased to £7,980 with long-term tenants already in situ. The property is well-suited for investors, with a tenant already situated and paying rent consistently for several years. With the potential for increased rental income and a worthwhile addition to a portfolio, this property offers a fantastic opportunity for those looking to invest in the area.