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 Leicester.
Investment 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
Tenancy Checks
Tenancy Agreement
Proof of Rental Income documentation has been verified against the rental amount in the Tenancy Agreement by Let Property.
Proof of Rental Income
Recent Proof of Rental Income has been Verified by Let Property.
Length of Tenancy
Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.
Tenant Means of Funding:
Self Funded
Length of Tenancy information has been provided by the seller as verbal and written confirmation.
Property Checks
Property Tenure
Verified as Leasehold
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Council Tax Band
Council Tax Band: B
Interactive street-level view of the property location and surrounding area.
Appreciation
Service Charge
Indicated