£190,000 /Sale price

The PropertyHigh-Yield Investment Opportunity – Tenants in Situ Approx. £1,675 PCM when fully let +10% Gross YieldAn excellent buy-to-let investment offered with tenants in situ, currently arranged to maximise rental income and generating approximately £1,675 per calendar month when fully let, equating to a strong gross return in excess of 10%.The property is configured for shared accommodation. The ground floor comprises a welcoming entrance hallway, two ground floor bedrooms (formerly the lounge and dining room), a fitted kitchen/breakfast room providing ample storage and preparation space, and a ground floor W.C. for added convenience.To the first floor, the landing leads to two well-proportioned bedrooms, an additional study room, and a family bathroom.Externally, the property benefits from private outdoor space, which enhances tenant appeal and supports long-term occupancy.Situated in a popular residential area of Derby, the property is ideally located for local amenities including shops, supermarkets, cafes, and schools. Derby city centre is within easy reach, offering strong employment opportunities, retail, and leisure facilities. Excellent transport links further contribute to consistent demand from professional tenants.Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.