2 bedroom semi-detached house for sale

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2 bedroom semi-detached house for sale

Priorway Avenue, DE72
£155,000

Our Summary

  • Property Overview Pure Investor is pleased to present this excellent investment opportunity in the heart of the popular village of Borrowash, Derbyshire
  • 2% Tenant Type Long-term (7 years) Freehold Yes * No additional service charges or ground rent * Ideal "hands-off" investment * Potential for future rental uplift or resale Location Highlights Borrowash is a desirable suburb of Derby, offering a peaceful community atmosphere, yet with easy access to: * Derby city centre (under 15 minutes' drive) * Excellent schools and amenities * A52 and M1 for commuter links * Shops, local services and green spaces within walking distance Additional Information * EPC Rating: E * Council Tax Band: A * Tenancy Agreement: AST in place

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This two-bedroom semi-detached house at 90 Priorway Avenue in Borrowash, Derbyshire, is a freehold property currently let to long-standing tenants who have been in situ for 7 years. The property is well-presented and has a private rear garden, and is located in a quiet residential street. The current rental income is £800 per calendar month, generating an annual income of £9,600 and a gross yield of approximately 6.2%. Offers are invited over £155,000, making it an attractive opportunity for buy-to-let investors seeking a reliable and hassle-free investment. The property benefits from a long-term tenancy agreement, no additional service charges or ground rent, and is close to Derby city centre, excellent schools, and amenities.