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Manchester Street, Derby, Derbyshire, DE22 3GD

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

4

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1Floorplan 2
3

Key features

  • Unique Investment Opportunity, Not To Be Missed
  • Current Yield Of 10.62%
  • Four Double Bedrooms, One Being A Studio With Kitchen
  • En-Suite In Every Room
  • Modern & Furnished To A High Standard Throughout
  • Minimal Void Periods, In Sought After Area
  • Annual Income Of Circa £25,000
  • Minimal Void Periods, In Sought After Area
  • EPC Rating - E
  • Council Tax Band - A

Description

Situated in the sought-after area of Manchester Street, Derby, this outstanding four-bedroom property presents a unique opportunity for investors, particularly those looking to expand their portfolio with a high-yield investment. Currently achieving an exceptional yield of 10.62% and an annual income of circa £25,000, this property is ready-made for generating consistent rental income.

Designed for modern living, the property comprises five spacious double bedrooms, each benefiting from its own en-suite bathroom. One being a studio with useful kitchen. This rare feature ensures utmost convenience and privacy for tenants, making the property highly desirable for renters and reducing void periods to a minimum. Each room comes furnished to a high standard, offering a modern and stylish living environment that appeals to professional tenants or students alike.

The interior has been meticulously maintained and upgraded, ensuring a contemporary feel throughout. The communal kitchen area provides a comfortable space for tenants to cook and socialise, with the useful addition of the breakfast bar. Further enhancing the appeal of this property as a highly functional investment. Additionally, the layout ensures ease of maintenance, which is a significant advantage for landlords. With a washing machine situated in the under stairs cupboard.

Situated in one of Derby’s most sought-after locations, the property benefits from excellent transport links, proximity to local amenities, and easy access to educational institutions and employment hubs. This prime location adds to the property’s investment potential, ensuring a continued demand from tenants.

The property’s strong market appeal, combined with its impressive yield and minimal void periods, make it an opportunity not to be overlooked.

Whether you are an experienced investor or new to the property market, this four bedroom investment property offers a rare chance to secure a property that combines substantial rental income with low maintenance demands. Arrange your viewing today to avoid missing out on this exceptional investment opportunity.
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.
Permit
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Manchester Street, Derby, Derbyshire, DE22 3GD

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Extension potential
Recently sold & under offer
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About Cope & Co, Derby

Canterbury House, Stephensons Way, Derby, DE21 6LY
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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 understanding each client's individual journey and ensure that every step is personal, proficient, efficient and in harmony with their goals.

A 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.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,210
We think you can borrow up to
Add your household income above
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference PRF_DRB_LFSYCL_575_764418472. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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