Summary - 201a, Derby Road LE11 5HJ
2 bed 2 bath House
**Standout Features:**
- Two self-contained flats with successful rental history
- Planning consent granted for additional third flat (reference P/23/0321/2)
- Current annual rental income of £15,000 with potential for increased revenue
- Freehold tenure and no chain, allowing for a swift transaction
- Excellent mobile signal and fast broadband access
- Located in a desirable, affluent area
**Summary:**
This fantastic investment opportunity features two self-contained apartments and comes with approved planning consent for a third flat, greatly enhancing its potential for returns. Currently generating an annual income of £15,000, the property is fully rented and chain-free, streamlining the acquisition process. The ground floor rental brings in £8,700 per year, while the first floor is projected to do the same upon renewal, ensuring stable cash flow.
The property, constructed before 1900 and offering a solid brick build, benefits from double glazing and mains gas heating, providing a comfortable living environment. The opportunity for further development with the creation of additional units could allow for increased rental income, making this an appealing proposition for investors looking for a long-term asset in the thriving area of Loughborough.
Don't miss out on this chance to invest in a property with strong rental demand and excellent growth potential!
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