Flat A = £500 per month
Flat B = £500 per month
Total Income. £12,000 per year.
ALL THE BILLS ARE PAID BY THE CURRENT TENANTS.
Calling all astute investors! This unique property presents a fantastic opportunity to acquire a well-established, income-generating asset.
The Property:
Originally a terraced house, this property has been skilfully converted into two spacious, self-contained flats. Each flat benefits from its own private entrance, creating a true dual-income stream.
Current Situation:
Both flats are currently tenanted with excellent rental yields. This provides a strong and reliable income from day one of ownership. Financial information detailing the current income will be made available to serious enquiries.
Investment Potential:
This property offers excellent potential for future investors. With a well-maintained property and strong rental demand, there is the scope to increase rental income over time. Additionally, the freehold ownership allows for greater control over your investment.
Why Choose This Property?
Location:
Situated in the Pear Tree area of Derby, this property offers a well-connected location. Residents enjoy easy access to a range of amenities, while being close to major transport links.
Contact:
For further information or to arrange a viewing, please contact Property Options sales & Lettings on 01332 202520.
Don't miss out on this exceptional investment opportunity!
Ground floor Flat 1
Bedroom (3.13 x 3.70 m - 10′3″ x 12′2″ ft)
Living room (4.41 x 3.64 m - 14′6″ x 11′11″ ft)
Kitchen (2.79 x 3.07 m - 9′2″ x 10′1″ ft)
Shower Room (1.51 x 2.78 m - 4′11″ x 9′1″ ft)
First Floor Flat 2
Bedroom (3.53 x 3.75 m - 11′7″ x 12′4″ ft)
Living Room (3.74 x 4.41 m - 12′3″ x 14′6″ ft)
Fitted Kitchen (2.91 x 2.43 m - 9′7″ x 7′12″ ft)
Shower Room (1.66 x 1.89 m - 5′5″ x 6′2″ ft)
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Under the Property Misdescription Act 1991 we endeavour to make our sales details accurate and reliable but they should not be relied upon as statements or representations of fact and they do not constitute any part of an offer of contract. The seller does not make any representations to give any warranty in relation to the property and we have no authority to do so on behalf of the seller. Services, fittings and equipment referred to in the sales details have not been tested (unless otherwise stated) and no warranty can be given as to their condition. We strongly recommend that all the information which we provide about the property is verified by yourself or your advisers. Under the Estate Agency Act 1991 you will be required to give us financial information in order to verify you financial position before we can recommend any offer to the vendor.