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2 bedroom end of terrace house for sale
Langley Street, Derby DE22
£200,000
Langley Street, Derby DE22
£200,000
Our Summary
- * TWO FLATS COMBINED FOR SALE * CONVERTED END OF TERRACE PROPERTY * GREAT INVESTMENT OPPORTUNITY * VIDEO TOUR AVAILABLE *A traditional end of terrace home having been converted into two one bedroom apartments, being sold with the freehold title for both apartments
- Offered for sale with vacant possession with potential rental income of £700 pcm per apartment, offering a yield of 8% on the overall dwelling
Description
This converted end of terrace property is being sold with the freehold title for both apartments, offering a great investment opportunity. The two one-bedroom apartments are independently titled, with each having its own utilities and access doors, as well as allocated parking spaces. The apartments feature modern kitchens with fitted units and freestanding appliances, double bedrooms, and well-appointed shower rooms. The interiors are tastefully decorated with a mix of laminate and tile flooring, and uPVC double glazing. The property has a driveway providing parking for two vehicles and is offered for sale with vacant possession, with potential rental income of £700 per month per apartment, yielding 8% on the overall dwelling. The sale comes with a freehold title, although each apartment is currently leasehold with a 999-year lease. The buyer will need to decide with their legal advisors how they wish to purchase the property, retaining the leasehold status for each apartment.