Langley Street, Derby, Derbyshire... 2 bed terraced house for sale

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Langley Street, Derby, Derbyshire... 2 bed terraced house for sale

Langley Street, Derby, Derbyshire, DE22 3GN
£135,000

Our Summary

  • One of the most attractive features of this property is the potential for a tenant in situ, currently paying £850 per calendar month
  • The layout also includes two versatile reception rooms, providing ample space for living and dining, or even the potential for a home office, catering to a variety of tenant needs
  • Beyond its investment potential, the property benefits from a desirable location on Langley Street
  • Early viewing is highly recommended to fully appreciate the potential on offer and to avoid disappointment in what is expected to be a popular listing

Description

This two-bedroom house on Langley Street, Derby, is an outstanding investment opportunity with a potential Return on Investment (ROI) of 7.55%. The property has a tenant in situ, paying £850 per month, which significantly reduces the risk of void periods and provides a stable income stream. The house boasts two well-proportioned double bedrooms, two reception rooms, and a single bathroom, making it an attractive option for tenants. Its desirable location on Langley Street offers easy access to local amenities, shops, and travel routes, including connections to Derby city centre. The property has an Energy Performance Certificate (EPC) rating of C, indicating good energy efficiency, and a Council Tax Band of A, keeping running costs manageable. With its strong potential ROI, existing tenant, and desirable location, this property represents a superb chance to acquire a high-performing asset in a robust rental market.