Sold, 2 Bed House - Terraced 

Holcombe Street, Derby

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Features

  • Two-bedroom terraced property
  • Ready made investment opportunity
  • Currently let at £475 pcm (£5,700 per annum)
  • Current gross yield of 7.6%
  • Approximately 85 m2 / 914 ft2
  • Close to the city centre
  • On street parking
  • Rear enclosed garden
  • Excellent transport links
  • Freehold

Quick Details

2 Bedrooms2 Receptions1 Bathroom

Address

10 Holcombe StreetDerbyDerbyshireDE23 8HZ
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Property Details

•Asking Price: £75,000
•Two-bedroom terraced property
•Ready made investment opportunity
•Tenanted: £5,700 per annum, 7.6% Gross Yield
•Freehold

•Asking Price: £75,000
•Two-bedroom terraced property
•Ready made investment opportunity
•Tenanted: £5,700 per annum, 7.6% Gross Yield
•Freehold

The property is a two-storey mid terraced house of traditional brick construction, with a pitched roof above. It is located close to Derby City centre and is within walking distance to a variety of amenities and leisure facilities.

An ideal opportunity for an investor, this property is to be sold as a ready-made investment with a tenant in situ.

The accommodation is arranged over two storeys comprising a lounge, dining room, two double bedrooms and a family bathroom.

Externally, the property enjoys a generous enclosed rear garden and has the benefit of on street parking within the vicinity.

Total – 85 m2 / 914 ft2
(Measurement taken from the EPC)

Services

We understand the property to have mains gas, electricity, water and drainage. However, interested parties are advised to make their own enquiries.

Investment Analysis

The property is currently let at £475 pcm (£5,700 per annum), reflecting a current gross yield of 7.6%, based on the asking price.

Council Tax

The property is rated in Council Tax Band A. Council Tax band payable for 2019/2020 is £1,140.

Viewings

Viewings strictly by appointment only. Please contact a member of John Pye Property on 0115 970 6060 or email property@johnpye.co.uk to arrange an appointment.

Buyer’s Premium

A Buyer’s Premium of 2% (min. £1800) inc. VAT is payable on top of the purchase price. Please take in to account when offering on a property.

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