1 Windmill Hill Lane
Derby
Derbyshire
DE22 3BQ
Manchester Street, Derby
Asking Price £175,000
4 Bedroom House - Terraced
HIGH-YIELD INVESTMENT OPPORTUNITY | £2,200 PCM | £26,400 PA | 15.1% GROSS YIELD
A fantastic opportunity to acquire a well positioned 4-bedroom terraced property, currently generating £2,200 pcm (£26,400 per annum) from room-by-room rental at £550 per room.
At the current asking price of £175,000, this represents an attractive 15.1% gross rental yield, making the property particularly appealing to investors seeking strong existing rental income.
Equally, the property would make an excellent family home, offering generous accommodation, four bedrooms, a private rear garden and excellent access to local amenities, schools and transport links.
The property is situated just off Ashbourne Road in the popular DE22 area, with excellent access to the University of Derby, Derby city centre and Royal Derby Hospital.
The accommodation extends to approximately 991 sq ft and comprises four bedrooms, bathroom, kitchen and reception/living accommodation, together with a rear garden.
INVESTMENT HIGHLIGHTS:
* £2,200 current monthly rental income
* £26,400 current annual gross rental income
* £550 per room pcm
* 15.1% gross yield at £175,000
* Four-bedroom accommodation
* Freehold
* Approximately 991 sq ft
* Private rear garden
* Excellent location for University of Derby and Royal Derby Hospital
* Established room-by-room rental arrangement
* Excellent potential family home
Whether you're looking for a high-yield investment or a spacious family home, this property offers an attractive combination of location, accommodation and flexibility.
Energy Efficiency and Environmental Impact
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com