2 bedroom flat for sale

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2 bedroom flat for sale

Searl Street, Derby, Derbyshire, DE1
£110,000

Our Summary

  • This ideal buy to let investment opportunity is currently generating annual rental income of £8,700 would also provide ideal city centre living for a first time buyer or downsizer and is located within a building with a lift and benefits from electric heating and double glazing

Description

This modern first-floor city centre apartment offers a unique investment opportunity or perfect city living for a first-time buyer or downsizer. The property features two bedrooms, an open-plan kitchen lounge diner with a balcony, and is located close to university buildings. Currently generating an annual rental income of £8,700, it provides a 7.9% return on investment. The apartment benefits from electric heating, double glazing, and a lift, and is situated within a residents' car park with one allocated parking space. With a tenant in situ or available with vacant possession, this property is a great opportunity for investors or those looking for city centre living.