Crompton Street, Derby DE1 1 bed flat for sale

>

Crompton Street, Derby DE1 1 bed flat for sale

Crompton Street, Derby DE1
£79,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Derby is a fantastic investment opportunity, offering strong potential for rental returns. Currently generating an annual gross income of £7,140, the property features one bedroom, a lounge, a kitchen, and a three-piece bathroom, as well as on-street parking and a private rear garden. The current tenants, who have been residing in the property for a year, have consistently paid their rent on time and wish to continue their tenancy. With a tenant in residence, the seller is committed to facilitating a smooth transaction process, making this a worthwhile addition to an investor's property portfolio.