2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Mantle Road, Leicester, LE3
£167,000

Price History

Initial price £175,000
10/08/24 £170,000
22/08/24 £167,000
29/08/24 £164,000
07/09/24 £161,000
21/09/24 £158,000
26/09/24 £155,000
02/10/24 £152,000
09/10/24 £167,000
16/10/24 £164,000
24/10/24 £161,000
30/10/24 £158,000
06/11/24 £155,000
13/11/24 £152,000
20/11/24 £167,000
Price Change -4.57%

Description

This 2-bedroom flat house in Leicester is an attractive investment opportunity, with a tenant already in situ and generating an annual gross income of £11,400. The property is well-maintained and features a spacious living area and three-piece bathroom. With a current market rate of £12,000, the new owner could increase the rental income with minimal effort. The tenants, who have been in the property for several years, have consistently paid their rent and have no intention of moving out, providing a stable and predictable income stream. With its proximity to amenities and potential for increased returns, this property is a worthwhile addition to any investor's portfolio.