Description
The opportunity has arisen to purchase the ideal rental portfolio. 1-8 Coach House Mews contains eight, individual properties including four, two bedroom houses and four, one bedroom apartments.
Location - Lutterworth is a pretty market town just seven miles north of Rugby in the Harborough district of Leicestershire. It offers great access to the road network including the M6/A14, M1, M69 and the A5, as well as the Magna Park distribution centre It is 15 miles south of Leicester and 1 mile from M1 junction 20. The town offers many amenities including an abundance of shops, ranging from independent retailers to national chains, and supermarkets, including Morrisons and Waitrose. There are numerous restaurants, pubs and wine bars and a number of hotels including a traditional coaching inn. The schooling in Lutterworth is very popular and the property is located within walking distance of a number of highly regarded schools including Lutterworth College and Lutterworth High School.
Description - The development was built in 2018 and consist of eight properties, all but one are currently tenanted with monthly rolling tenancy agreements. The properties are currently achieving a combined income of £6000pcm. (£72,000PA) with the scope for increase. Each of the properties come with one parking space to be found in the rear tarmacked carpark. The Mews Houses benefit from a rear garden, while the apartments to the front of the development come with and a small outside area. At present, the whole development is on one title plan.
Accommodation - The eight properties can be found in good condition throughout. Photos of the vacant property (1 Coach House Mews - 1 bedroom first floor apartment) can be found above to highlight the quality of finish in the remaining seven properties.
