Our latest listing is a 2-bedroom end-of-terrace house located in Melton Mowbray. It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence. For investors looking to expand their portfolio, this is a fantastic opportunity! This well-maintained two-bedroom home features a bathroom and a separate WC, a lounge, and a kitchen. Additional highlights include access to communal residents' parking and a low-maintenance paved rear garden, ideal for hassle-free outdoor living. Melton Mowbray is celebrated for its rich culinary heritage and quintessential market town charm. The area boasts a range of local amenities and is conveniently close to well-regarded schools, including John Ferneley College. Just a short walk from Melton Country Park, the location offers an ideal blend of peaceful countryside living with easy access to major cities like Nottingham and LeicesterInvestment details It currently produces an annual gross income of £10,500, which the new owner could increase to a market rate of £13,800 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio. Please see the Let Property Pack linked below for greater details on this property's investment potential. If you are interested, please call us. Tenancy Details The current tenants have been residing in the property for less than a year and have consistently paid their rent on time. They do not plan to move out and wish to continue their tenancy. 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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