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2 bedroom terraced house for sale
Manchester Street, Derby, Derbyshire, DE22
£110,000
Manchester Street, Derby, Derbyshire, DE22
£110,000
Our Summary
- A tenanted mid terraced house offering two double bedrooms, two reception rooms, first floor bathroom and rear garden, being sold by the modern method of auction
- This ready made buy to let investment opportunity is currently generating gross annual rental income of £8400 (7
- This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day ReservationPeriod
- For Sale by Modern Auction – T & C’s apply
- Ideal investment opportunity
- The Modern Method of Auction
Description
This tenanted mid-terrace house is being sold by modern method of auction and offers a ready-made buy-to-let investment opportunity. The property currently generates a gross annual rental income of £8,400, equivalent to a 7.6% yield. With a tenant in situ, the property benefits from gas central heating and features a lounge with a decorative fireplace, dining room, and kitchen on the ground floor. The first floor has a landing leading to two double bedrooms and a family bathroom. The rear garden has a useful outhouse for storage. The property is being sold with a 56-day reservation period, allowing the buyer and seller to complete the sale quickly. Viewings are essential to appreciate the property's potential.