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Manchester Street, Derby DE22 2 bed flat for sale
Manchester Street, Derby, Derbyshire, DE22
£98,000
Manchester Street, Derby, Derbyshire, DE22
£98,000
Our Summary
- 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 investors property portfolio
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Derby is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, bathroom, and shared private parking. Currently, it generates an annual gross income of £6,900 with tenants already situated, and considering the potential rental income in future years, it's a worthwhile addition to an investor's portfolio. The current tenants have lived in the property for several years, consistently paying their rent, and have no intentions to move out. The seller is committed to facilitating a smooth transaction process, making this a great opportunity for investors to get a foothold in the Derby property market.