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Offers in region of

£135,000

2 bed terraced house for sale
Langley Street, Derby, Derbyshire DE22

    • 2 beds

    • 1 bath

    • 2 receptions

  • EPC Rating: C

  • Freehold

Cope & Co.

Logo of Cope & Co.

About this property

  • Attention investors; Two Bedroom House, In Sought After Rental Area With Attractive ROI

  • Superb Opportunity For Seasoned And First Time Investors Alike

  • Tenant In Situ Paying £850pcm

  • Benefiting From Potential ROI Of 7.55%

  • Minimal Void Periods

  • Two Double Bedrooms

  • Two Reception Rooms

  • Close To Local Amenities And Travel Routes

  • EPC Rating - C

  • Council Tax Band - A

Investor's Dream: High-Yield Two-Bedroom House In Derby's Sought-After Rental Hub

Presenting an outstanding opportunity for both seasoned and first-time investors, this two-bedroom house on Langley Street, Derby, is available for sale with offers in the region of £135,000. Situated in a highly sought-after rental area, this property boasts an impressive potential Return on Investment (ROI) of 7.55%, making it a compelling addition to any portfolio.

One of the most attractive features of this property is the potential for a tenant in situ, currently paying £850 per calendar month. This potential immediate income stream significantly reduces the risk of void periods, providing a stable and reliable return from day one. For investors looking to expand their portfolio or enter the buy-to-let market, this offers a seamless transition into property ownership with a clear path to profitability.

The house itself comprises two well-proportioned double bedrooms, offering comfortable living spaces that are highly appealing to prospective tenants. The layout also includes two versatile reception rooms, providing ample space for living and dining, or even the potential for a home office, catering to a variety of tenant needs. The single bathroom is conveniently located, serving the property's occupants efficiently.

Beyond its investment potential, the property benefits from a desirable location on Langley Street. Residents will appreciate the close proximity to a wealth of local amenities, including shops, supermarkets, and eateries, ensuring daily conveniences are always within easy reach. Furthermore, excellent travel routes are readily accessible, providing straightforward connections to Derby city centre and beyond, which is a significant draw for tenants commuting for work or leisure.

From a practical standpoint, the property holds an Energy Performance Certificate (EPC) rating of C, indicating a good level of energy efficiency, which can contribute to lower utility bills for tenants and is an attractive feature in today's market. The Council Tax Band is A, further enhancing its appeal by keeping running costs manageable.

This property represents a superb chance to acquire a high-performing asset in a robust rental market. The combination of a strong potential ROI, the possibility of an existing tenant, and a desirable location makes this an unmissable opportunity. Whether you are looking to diversify your investments or secure your first rental property, this Langley Street house offers a clear path to success. Early viewing is highly recommended to fully appreciate the potential on offer and to avoid disappointment in what is expected to be a popular listing.

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More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in DE22

Property descriptions and related information displayed on this page are marketing materials provided by - Cope & Co.. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Cope & Co. for full details and further information.