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Studio
Nottingham Road, Derby DE21
£203,000
Nottingham Road, Derby DE21
£203,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- Investment potential detailed below (Let Property Pack)
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 the possibility of increasing the rent to a market rate of £34,020, making it a worthwhile addition to an investor's portfolio. The property is well-maintained and features 6 bedrooms, 2 bathrooms, a lounge, and a kitchen. The current tenants have been living in the property for several years and have consistently paid their rent, with no intentions to move out, providing a stable and reliable income stream.