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1 bed property, in 87 Stanley Street, £105,000
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1 bed flat

87 Stanley Street, Derby, Derbyshire DE22
£105,000

Our Summary

  • Potential Rental Income Of £750-795pcm, With Potential Yield Of 8
  • The layout is ideal for a small family, a couple, or even as a shared living arrangement, maximising its appeal to a broad range of potential occupants
  • With an estimated rental income of between £750 and £795 per calendar month, this apartment offers a potential yield of approximately 8
  • This makes it an incredibly attractive investment opportunity, promising strong returns in a sought-after location

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Description

The property is a two-bedroom apartment situated in a gated development on Stanley Street, Derbyshire. It has an open-plan kitchen and lounge area, a three-piece modern bathroom, and two double bedrooms with one featuring built-in wardrobe and chest of draws. The apartment also includes allocated parking and has an EPC Rating of C, indicating good energy efficiency.

The main living areas are well-proportioned and offer a versatile space for relaxation, dining, and entertaining. The property has a ground floor location with no lifts, a 107-year lease remaining as of March 2007, and a annual service charge of £1,307.60.