Edward Street, Derby DE1 4 bed property for sale

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Edward Street, Derby DE1 4 bed property for sale

Edward Street, Derby
£325,000

Our Summary

  • Scope For Rental Increase
  • Superb Freehold Residential Investment Opportunity

Description

This stunning four-storey Grade II listed Georgian townhouse, located in the highly sought-after Strutts Park area of Derby, is a rare opportunity to acquire a unique property. The townhouse, which dates back to the mid-1800s, has been well-maintained by the current vendor and is currently divided into four self-contained flats, all of which are fully let, generating a current rental income of £31,080 per annum. The property features a mix of period charm and modern amenities, including four bedrooms, four bathrooms, and a communal rear garden. The flats are let on Assured Shorthold Tenancies, with potential rental income ranging from £695 to £950 per calendar month. The property is freehold, with no legal restrictions or material issues, and is located in a conservation area with a very low flood risk.