Offers over
£164,000
3 bed terraced house for saleLeman Street, Derby DE22
3 beds
3 baths
EPC Rating: D
Freehold
About this property
Yield Potential 14%
Street parking
Close to Derby city centre
Excellent potential to add value
Great transport links nearby
Tenants in situ
Council Tax Band B
A ready-made investment opportunity located within a consistently strong rental area of Derby (DE22), currently generating £1,950 pcm from reliable long-term tenants with no arrears history.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 14%. Comparable rental properties nearby are achieving between £1,800–£2,400 pcm, supporting strong ongoing rental growth potential.
The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any investment portfolio.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
Priced below market value due to seller motivation, the property offers investors immediate equity alongside a projected yield of over 14%. Comparable rental properties nearby are achieving between £1,800–£2,400 pcm, supporting strong ongoing rental growth potential.
The property is presented in low-maintenance condition with no major works required, making it an ideal hands-off addition to any investment portfolio.
Please note that any systems, appliances, or services shown in the marketing photographs have not been tested by us and will be subject to the fixtures and fittings agreement with the seller.
Once an offer is accepted, a deposit of £5,000 will be required to secure the property in accordance with our terms and conditions. This deposit will be deducted from the final purchase price on completion. In addition, a non-refundable reservation fee of £600 (including VAT) will be payable. This fee is separate from, and not deducted from, the purchase price.
All cash buyers are required to indemnify searches and surveys in line with our terms and conditions.
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Monthly repayment
£820 per month
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