1 bedroom flat for sale

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1 bedroom flat for sale

Drewry Court, Uttoxeter New Road, Derby, DE22
£80,000

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)

Description

This 1-bedroom flat in Derby is a fantastic investment opportunity for those looking to expand their portfolio. Located conveniently close to essential amenities, the property has a strong potential for rental returns, with a current annual gross income of £7,236 and a tenant in residence. The property features one bedroom, a lounge, a kitchen, and a three-piece bathroom, as well as communal private parking. The current tenants, who have been residing in the property for several years, have consistently paid their rent on time and wish to continue their tenancy. With its potential for future rental income and a smooth transaction process, this property is a worthwhile addition to any investor's portfolio.