This studio flat in Leicester offers a prime investment opportunity. It boasts valuable amenities in close proximity, promising rewarding rental returns and a current tenant. The well-maintained property features a cozy lounge/bedroom, three-piece bathroom and modern kitchen. Investment Details: The property currently generates an annual gross income of £8,784 with the current tenants in place. Considering the purchase price, this investment presents a substantial opportunity for investors seeking to expand their portfolio. For further details on the property’s investment potential, please refer to the attached Let Property Pack. Should you express interest in this property, please contact us. Tenancy Details: The current tenants have consistently paid their rent throughout their tenancy and have no intention of relocating. They are committed to remaining in the property. Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.
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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