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1 bed property, in 87 Stanley Street, £120,000
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1 bed flat

87 Stanley Street, Derby, Derbyshire DE22
£120,000

Our Summary

  • For investors, this property offers fantastic potential for a steady rental income of £825pcm
  • The high demand for rental properties in the area makes this a solid investment opportunity
  • Offering a potential ROI of 8
  • With its attractive features, turnkey condition, and solid investment potential, it is a property that ticks all the right boxes

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Description

The property is a modern two-bedroom flat situated in a secure gated development in Derby, within walking distance of the city centre, transport links, and local amenities. The flat features a spacious open-plan reception room/kitchen with modern appliances, ample storage, and a sleek design. There are two double bedrooms, a modern family bathroom, and a private and enclosed rear garden.

Parking is made easy with an allocated parking space, and for investors, the property offers a steady potential rental income of £825pcm and a potential return on investment of 8.25%. The flat has an EPC rating of C and a council tax band of A.