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1 bedroom flat for sale
Drewry Court, Uttoxeter New Road, Derby, Derbyshire, DE22
£90,000
Drewry Court, Uttoxeter New Road, Derby, Derbyshire, DE22
£90,000
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. Conveniently located near essential amenities, the property currently generates an annual gross income of £8,280 with a tenant in residence who has been paying rent on time for a year and plans to continue their tenancy. The property features one bedroom, a lounge, a kitchen, and a three-piece bathroom, as well as communal private parking. With a strong potential for rental returns, this property has a worthwhile addition to an investor's portfolio, and the current tenants' commitment to remaining in the property ensures a smooth transaction process.