Peet Street, Derby
- PROPERTY TYPE
Terraced
- BEDROOMS
3
- BATHROOMS
1
- SIZE
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- 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
- Recently renovated
- Bills included
- Great location
- Modern throughout
- Student Property
Description
Sold with Tenant in Situ – Immediate Rental Income from Day One
A fantastic opportunity to acquire a fully performing investment property located on Peet Street, Derby, DE22 3RF, offering strong and consistent rental income in a well-established rental location.
The property has been successfully rented for the past five years and is currently producing £13,500 per annum, delivering an approximate gross rental yield of 8.2%, making it an attractive opportunity for investors seeking a reliable income-producing asset.
Internally, the property is well maintained and presented in excellent condition. Recent improvements include a brand new boiler, modern kitchen and modern bathroom, helping to minimise future capital expenditure while maintaining strong tenant appeal.
The accommodation comprises one bedroom, a spacious living room and modern fitted kitchen to the ground floor, with two generous double bedrooms and a family bathroom on the first floor. To the rear, the property benefits from a large private garden, further enhancing its appeal to tenants.
The property is ideally located within easy reach of Royal Derby Hospital, one of the city’s largest employers, helping drive strong rental demand. Derby city centre is also easily accessible, with excellent transport links including the A38, A52 and regular bus routes.
Investment Highlights
£13,500 per annum rental income
Approx. 8.2% gross yield
Tenant in situ providing immediate income
Consistently let for 5 years
New boiler, kitchen and bathroom
Large rear garden
Close to Royal Derby Hospital and Derby city centre
An excellent opportunity to acquire a ready-made, income-producing investment in a strong and reliable Derby rental location. Early enquiries are highly recommended.
Brochures
Peet Street, DerbyBrochure- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- 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
Peet Street, Derby
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Visit our security centre to find out moreDisclaimer - Property reference 34532341. 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 Monkey vs Owl, 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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