Property Description

***High yielding freehold residential investment opportunity*** Situated within short walking distance of the fashionable Friar Gate area of Derby and the city centre, is a two bedroomed mid-terraced property, offered for sale at very realistic guide price. Currently the property is let on an assured shorthold tenancy agreement producing £800 per calendar month (£9,600 per annum). This represents an impressive 12.8% return based on the guide price. Constructed of traditional brick set beneath a pitched tiled roof, the uPVC double glazed and glazed and gas centrally heated living accommodation in brief comprises of entrance hall, dining room/occasional guest bedroom, full width rear living room and fitted kitchen with built-in-appliances. To the first floor passaged landing there are two well proportioned bedrooms and a bathroom with three piece suite with shower over. Outside to the rear there is an enclosed easy to manage garden with an adjoining brick built garden shed housing the combination boiler. The property backs onto Jackson Street Car Park.

Entrance Hall

15ft 5 x 2ft 7

Dining Room/Occasional Guest Bedroom

12ft 9 x 7ft into chimney recess

Full Width Rear Living Room

12ft 3 x 11ft 3 into chimney recess

Fitted Kitchen

8ft 9 x 5ft 9

First Floor Passaged Landing

16ft x 2ft 6

Bedroom One

12ft 4 x 10ft 1 into chimney recess

Bedroom Two

12ft 4 x 7ft 3 into chimney recess

Bathroom

9ft x 5ft 9

Outside

Enclosed easy to manage rear garden with an adjoining brick built garden shed housing the combination boiler. The property backs onto Jackson Street Car Park.

Flood Risk

Rivers and Seas - No Risk. Surface Water - Very Low.

Building Construction

Solid brick, as built, no insulation (assumed) - Information taken from EPC.

Broadband (estimated speeds)

Standard 16 mbps, Superfast 80 mbps and Ultrafast 1000 mbps show as available in this location

Mobile Signal

EE, O2, Vodaphone and Three show as available in this location.

Satellite and Cable TV Availability

Sky and BT show as available in this location.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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