2 bedroom Terraced house For Sale

Key Details

Property Description

***HIGH YIELDING FREEHOLD INVESTMENT OPPORTUNITY***

Occupying an established and strong letting location, is a rendered two bedroomed mid terrace property, currently let on a rolling agreement producing �650 per calendar month (�7,800pa), this representing an impressive 11.3% return based on the guide price - In our opinion there is scope to increase the rent subject to necessary improvements.

Internally the uPVC double glazed ang gas centrally heated living accommodation requires some improvement and modernisation and in brief comprises:- lounge, inner lobby, separate dining room and fitted kitchen. To the first floor landing there is a passaged landing with two well proportioned bedrooms and bathroom with three piece suite with shower over.

Outside to the side elevation there is a gated shared pedestrian access leading to an enclosed rear garden in need of attention.

The property is situated with an row of terrace property close to local shops and Derby's inner ring road that provides swift access onto several retail parks, city centre and the Royal Derby Hospital.

• Location