Summary - Lombardy Rise, Leicester, LE5 LE5 0FQ
2 bed 1 bath Flat
### Standout Features:
- **Property Type**: 2-bedroom flat, ground floor in a modern brick apartment complex.
- **Condition**: Good overall condition, offering rental appeal.
- **Current Income**: Generating £6,000 annually with potential to increase to £9,600.
- **Tenant Stability**: Long-term tenant with no intention to leave.
- **Location Advantages**: Easy access to local amenities, ideal for established renting families and young communities.
- **Future Potential**: Additional renovation opportunities indicated by a utility room.
- **Tenure**: Leasehold.
### Summary Description:
This inviting 2-bedroom flat in Leicester presents an exceptional buy-to-let investment opportunity for serious investors and developers. Currently in good condition, the property features a comfortable lounge, kitchen, and bathroom, along with a utility space ripe for renovation. With a reliable long-term tenant already in place, the flat generates a steady annual income of £6,000, with the potential for a significant increase—underscoring a solid return on investment.
Situated in a thriving area that attracts established renting families and young communities, this property benefits from fast broadband, excellent mobile connectivity, and proximity to essential amenities, including schools and healthcare. While the surrounding area shows signs of above-average crime and deprivation, the investment potential and tenant stability make this flat a compelling consideration for those looking to expand their property portfolio. Seize this opportunity before it's gone!
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