12 bedroom block of apartments for sale

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12 bedroom block of apartments for sale

Stretton Road, Leicester LE3
£880,000

Price History

Initial price £900,000
20/07/24 £300,000
24/07/24 £880,000
Price Change -2.22%

Description

This property is a block of 9 residential flats in Leicester, currently occupied by tenants generating a steady income of £57,300 per annum. The properties feature modern amenities, including lounge and kitchen, bedroom and bathroom, double-glazed windows, and gas central heating. The current landlord is earning a rewarding rental return, and the property has potential to increase income to a market rate of £69,120 with long-term tenants already in place. With a competitive purchase price, this investment opportunity is ideal for those looking to add to their property portfolio.