1 bedroom flat for sale

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1 bedroom flat for sale

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.