This one-bedroom apartment on Duke Street, Leicester presents an excellent investment opportunity with tenants already in situ generating a substantial 11.2% yield. Currently bringing in £700 per month, this top-floor flat offers immediate rental income for the discerning investor.
The property's layout includes an open-plan kitchen/lounge area offering a contemporary living space, a well-proportioned double bedroom, and a functional shower room. The apartment provides a practical and efficient use of its 383 sq ft of living space, making it an attractive proposition for the rental market.
Located in the heart of Leicester city centre, this property benefits from having all urban amenities within easy reach. The apartment is merely a stone's throw away from shopping facilities, restaurants, and entertainment venues. Transport links are excellent with Leicester train station just minutes away, offering connections to London, Birmingham and beyond.
Available to investors only with tenants in situ, this apartment represents a turnkey investment opportunity with proven rental performance. With its city centre location and established rental income, we strongly recommend viewing to appreciate the investment potential this property offers.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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