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3 bedroom end of terrace house for sale
The Shrubberies, Provident Street, Derby, Derbyshire DE23
£140,000
The Shrubberies, Provident Street, Derby, Derbyshire DE23
£140,000
Our Summary
- Two flats within a converted terraced house, being sold with a tenant in the ground floor flat and the first floor flat requiring some modernisation
- This ideal investment opportunity is currently generating a gross income of £5940 for the tenanted one bedroom ground floor flat and the first floor flat has two bedrooms and has previously been let for £4860 per annum
Description
This converted terraced house offers a unique investment opportunity, featuring two flats that can be rented out to generate a gross income of £5940 per annum. The ground floor flat, which is currently tenanted, has one bedroom and a lounge, kitchen diner, bathroom, and bedroom, with access to a private garden at the rear. The first floor flat, which has previously been let for £4860 per annum, has two bedrooms over two floors, a lounge, kitchen diner, and bathroom. Both flats require some modernisation, but offer a great potential for renovation and rental income. The property is located in a private position with a communal entrance hall providing access to both flats, making it an attractive opportunity for investors.