2 bed terraced house for sale

Lloyd Street, Derby, Derbyshire DE22

Two-Bed Terrace In Derby With Immense Potential

Presenting an excellent opportunity for both astute investors and first-time buyers, this charming two-bedroom terrace house is conveniently situated in a popular area of Derby. Offered for sale at Offers In Region Of £115,000, this property boasts significant potential for capital appreciation through thoughtful improvements, making it a truly compelling prospect in today's market.

Upon entering, you are greeted by two spacious reception rooms, providing versatile living areas that can be adapted to suit various needs, whether for comfortable family living or entertaining guests. The layout offers a traditional flow, leading to a practical galley-style kitchen, which, whilst functional, presents an ideal canvas for modernisation to enhance its appeal and efficiency.

Upstairs, the property features two generously sized double bedrooms, ensuring ample space for residents. The bathroom is located off the master bedroom, a common configuration in properties of this style, and also offers scope for contemporary upgrades to create a modern sanctuary. The presence of two double bedrooms makes this property particularly attractive for rental purposes or for a small family.

One of the standout features of this property is its investment potential. With an estimated rental income of £825 - £850 per calendar month, it promises an attractive yield for landlords. This, combined with the scope for improvements, positions it as a sound long-term investment. For first-time buyers, it represents an affordable entry into homeownership, allowing them to add value and personalise their living space over time.

The location is another key advantage. The house is close to a wealth of local amenities, including shops, schools, and leisure facilities, ensuring everyday conveniences are within easy reach. Excellent travel routes are also nearby, providing straightforward access to Derby city centre and surrounding areas, making it ideal for commuters. The property benefits from an EPC Rating of D and falls within Council Tax Band A, indicating reasonable running costs.

In summary, this two-bedroom terrace house in Derby offers a fantastic blend of convenience, potential, and value. Whether you are looking to expand your investment portfolio or embark on your homeownership journey, this property provides a solid foundation with considerable upside. Early viewing is highly recommended to fully appreciate the opportunity on offer.