2 bedroom flat for sale

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2 bedroom flat for sale

Searl Street, Derby, Derbyshire, DE1
£115,000

Our Summary

  • This ideal buy to let investment opportunity is currently generating annual rental income of £8,700 and is located within a building with a lift and benefits from electric heating and double glazing

Description

This modern first-floor city centre apartment offers a lucrative buy-to-let investment opportunity, currently generating an annual rental income of £8,700. Located near university buildings, the property features two bedrooms, an open-plan kitchen-lounge-diner with a balcony, and allocated parking. The apartment has a lift, electric heating, and double glazing, providing a comfortable living space. The interior boasts a wide hallway with storage, a light-filled kitchen-lounge-diner with French doors to the balcony, and a bathroom with a three-piece suite. With a tenant already in situ, this property is an ideal investment opportunity for those looking to generate a strong return, currently offering a 7.9% return.