Studio

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Studio

Nottingham Road, Derby DE21
£184,000

Price History

Initial price £220,000
06/12/24 £210,000
14/12/24 £206,000
21/12/24 £200,000
24/12/24 £196,000
03/01/25 £193,000
10/01/25 £190,000
17/01/25 £187,000
01/02/25 £184,000
Price Change -16.36%

Description

This 6-bedroom home in Derby is a lucrative investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £23,520, but with some renovations, the potential annual income could increase to £34,020. The property is well-maintained and features 6 bedrooms, 2 bathrooms, a lounge, and a kitchen. A tenant is already in situ, having lived in the property for several years and consistently paying rent. The current owners are looking to sell, and the property is being marketed through Let Property Sales, which promises a smooth transaction process. With its strong rental potential and existing tenant, this property is a great addition to any investment portfolio.