- Ideal Opportunity For Investors With Tenant In Situ Paying £825pcm +
- Current Yield Of 7.47% +
- Set In Popular Area With Minimal Void Periods +
- Two Spacious Double Bedrooms +
- Two Well Proportioned Reception Rooms +
- Sizeable Fitted Four Piece Suite Bathroom +
- Generous Low Maintenance Rear Garden +
- On Street Parking Available +
- EPC Rating - C +
- Council Tax Band - A +
Investment Opportunity with High Yield in Sought-After Location - Two Bedroom House in Derby
Are you an investor looking for a lucrative opportunity in the property market? This well-presented two bedroom house, located in the popular Wild Street area of Derby, offers an ideal chance for you to grow your portfolio. With a tenant already in situ, paying £825 per calendar month, the property boasts a current yield of 7.47%.
The key feature of this property is its potential for high returns. Over the years, Wild Street has proven to be a sought-after location, ensuring a steady demand for rental properties. With minimal void periods, you can expect a consistent income stream from this investment right from the start.
Upon entering the house, you will be greeted by two spacious reception rooms, providing ample space for your tenants to relax and entertain. The generous proportions of these rooms open up possibilities for creating different living zones or even converting one of them into a study or playroom.
The house offers two generously sized double bedrooms, perfect for accommodating small families, couples, or professionals seeking shared accommodation. With plenty of natural light and neutral decor, these bedrooms provide a comfortable and inviting space for tenants to unwind after a long day.
The fitted four-piece suite bathroom is a standout feature of this property. Its sizeable layout ensures there is plenty of space for your tenants to enjoy a relaxing bath or an invigorating shower. This modern bathroom is meticulously maintained, contributing to the overall appeal of the house.
The low-maintenance rear garden is an added advantage. It provides tenants with a private outdoor space to enjoy, without the need for extensive upkeep. Whether your tenants wish to have a barbecue, a small garden party, or simply relax with a book, this outdoor area offers limitless possibilities.
On-street parking is easily available, ensuring your tenants have convenient access to their vehicles. Moreover, the property is energy efficient with an EPC rating of C, which means reduced utility bills for your tenants and a positive impact on the environment.
Located in Council Tax Band A, this property offers an affordable option for tenants and attractive potential for returns on investment for landlords. As an investor, you can expect a healthy rental income alongside potential capital growth.
In conclusion, this two bedroom house on Wild Street, Derby is genuinely an investment opportunity not to be missed. With a tenant already in place, offering a current yield of 7.47%, you can start earning from day one. The property's location, spacious rooms, low-maintenance garden, and on-street parking make it an ideal choice for tenants, ensuring a steady demand. Don't miss out on this fantastic opportunity to expand your property portfolio and generate substantial returns.
