Wild Street, Derby, Derbyshire, DE1 1GN
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Ideal Opportunity For Investors With Tenant In Situ Paying £825pcm
- Current Yield Of 7.47%
- Set In Popular Area With Minimal Void Periods
- Two Spacious Double Bedrooms
- Two Well Proportioned Reception Rooms
- Sizeable Fitted Four Piece Suite Bathroom
- Generous Low Maintenance Rear Garden
- On Street Parking Available
- EPC Rating - C
- Council Tax Band - A
Description
Are you an investor looking for a lucrative opportunity in the property market? This well-presented two bedroom house, located in the popular Wild Street area of Derby, offers an ideal chance for you to grow your portfolio. With a tenant already in situ, paying £825 per calendar month, the property boasts a current yield of 7.47%.
The key feature of this property is its potential for high returns. Over the years, Wild Street has proven to be a sought-after location, ensuring a steady demand for rental properties. With minimal void periods, you can expect a consistent income stream from this investment right from the start.
Upon entering the house, you will be greeted by two spacious reception rooms, providing ample space for your tenants to relax and entertain. The generous proportions of these rooms open up possibilities for creating different living zones or even converting one of them into a study or playroom.
The house offers two generously sized double bedrooms, perfect for accommodating small families, couples, or professionals seeking shared accommodation. With plenty of natural light and neutral decor, these bedrooms provide a comfortable and inviting space for tenants to unwind after a long day.
The fitted four-piece suite bathroom is a standout feature of this property. Its sizeable layout ensures there is plenty of space for your tenants to enjoy a relaxing bath or an invigorating shower. This modern bathroom is meticulously maintained, contributing to the overall appeal of the house.
The low-maintenance rear garden is an added advantage. It provides tenants with a private outdoor space to enjoy, without the need for extensive upkeep. Whether your tenants wish to have a barbecue, a small garden party, or simply relax with a book, this outdoor area offers limitless possibilities.
On-street parking is easily available, ensuring your tenants have convenient access to their vehicles. Moreover, the property is energy efficient with an EPC rating of C, which means reduced utility bills for your tenants and a positive impact on the environment.
Located in Council Tax Band A, this property offers an affordable option for tenants and attractive potential for returns on investment for landlords. As an investor, you can expect a healthy rental income alongside potential capital growth.
In conclusion, this two bedroom house on Wild Street, Derby is genuinely an investment opportunity not to be missed. With a tenant already in place, offering a current yield of 7.47%, you can start earning from day one. The property's location, spacious rooms, low-maintenance garden, and on-street parking make it an ideal choice for tenants, ensuring a steady demand. Don't miss out on this fantastic opportunity to expand your property portfolio and generate substantial returns.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Rear garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Wild Street, Derby, Derbyshire, DE1 1GN
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About Cope & Co, Derby
Canterbury House, Stephensons Way, Derby, DE21 6LY
OUR MISSION
We are a team of passionate property people on a mission to be a new breed of estate agent in your area.
At Cope & Co., we intertwine the strength of family values with professional expertise to guide every client towards their home and property objectives.
We pledge to understand the individual journey of every seller and buyer and ensure that every step is personal, proficient, efficient and in harmony with their goals.
OFFICES IN DERBY | ALFRETON | BURTON-ON-TRENT
CORE VALUESEMPATHY - We listen and learn, aiming to understand the unique goals and dreams of every client, ensuring our services are tailored to meet individual needs.
INTEGRITY - As a family-owned business, our reputation means everything. We act with honesty, transparency and a commitment to doing what is best for our customers.
EXCELLENCE - Our goal is to forge long term relationships with our customers built on professionalism, excellent service, genuine care and mutual trust.
COMMUNITY - We believe in the power of family and community. Every client has a different story and we celebrate every success as a shared achievement.
YOUR HOMEA new home is far more than just money, bricks and mortar. It's a place to call your own and create unforgettable memories. It's an opportunity for growth and independence. It's a way of starting a new chapter, planning for the future, and building the life you want to live.
We are a friendly team of local property experts, selling and letting homes across the whole of Derbyshire and East Staffordshire. Our goal is to provide a first-class service and to offer a personal and proactive approach that we believe is paramount to helping our customers achieve property success.
When you buy, sell, let or rent through Cope & Co, you'll be working with professionals who understand the true value and importance of a home. We will support you at every stage of your property journey to help you achieve your individual objectives.
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Visit our security centre to find out moreDisclaimer - Property reference PRF_DRB_LFSYCL_575_764349594. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Cope & Co, Derby. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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