4 bedroom terraced house for sale

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4 bedroom terraced house for sale

Mill Street, Ilkeston, DE7
£140,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 4-bedroom end of terraced house in Ilkeston offers a fantastic investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £10,200, but with some cosmetic improvements, the rent could be increased to a market rate of £13,800. The property is well-maintained and features a spacious kitchen, large bathroom, and generous garden space. With a tenant already in situ, the new owner can benefit from a steady income stream. The current tenants have a good track record of paying their rent on time and have no intention of moving out, making for a smooth transition. With a purchase price that offers a worthwhile return, this property is an attractive addition to any investment portfolio.