Frederick Street, Derby

Presenting an outstanding investment opportunity, this two-bedroom, end-of-terrace house on Frederick Street, Derby, is now available for sale with offers in the region of £145,000. This unfurnished property boasts an attractive current gross rental income of £875 per calendar month, equating to £10,500 per annum, and delivers an impressive gross yield of 7.24%. For investors, this translates to immediate rental income upon completion, coupled with a history of minimal void periods, making it a highly desirable asset for any portfolio.
The property itself is thoughtfully laid out, offering comfortable living spaces. Upon entering, you are greeted by two spacious reception rooms, providing ample flexibility for dining and relaxation. The rear reception room seamlessly transitions into an open-plan, modern fitted kitchen, creating a contemporary and functional heart for the home. This design maximises space and light, ideal for modern living.
Upstairs, the house features two generously sized double bedrooms, offering comfortable accommodation. A well-appointed bathroom serves both bedrooms. The property benefits from an EPC Rating of D and falls within Council Tax Band A, indicating reasonable running costs.
Externally, the property includes a low-maintenance rear courtyard, providing a private outdoor space without the demands of extensive upkeep. Its end-of-terrace position often affords additional light and privacy.
Frederick Street is situated in a sought-after area of Derby, known for its convenience and accessibility. The location is highly appealing to tenants, contributing to the property's strong rental performance and minimal void periods. Residents benefit from proximity to local amenities, transport links, and employment opportunities, all of which enhance its investment appeal.
This property represents a compelling proposition for both seasoned investors and those looking to enter the buy-to-let market. Its strong yield, desirable location, and immediate income potential make it a rare find. Early viewing is highly recommended to fully appreciate the value and opportunity this Frederick Street home offers.
Please note that, should your offer be accepted and the property be marked as Sold Subject to Contract (SSTC), an Anti-Money Laundering (AML) compliance fee will be payable for each buyer. This fee covers the required identity verification and compliance checks. Full details of the fee will be provided by Cope & Co.