2 bed terraced house for sale

Dean Street, Derby DE22

Faith Hughes is pleased to present this two-bedroom mid-terraced property on Dean Street, Derby, offering an established rental investment with a tenant already in situ.

Currently generating £905 per calendar month (£10,860 per annum), the property presents an opportunity for landlords and investors looking to expand their existing portfolio with a property benefiting from an established rental income, subject to the terms of the tenancy.

The accommodation is arranged over two floors and comprises a living room, separate dining room and kitchen to the ground floor, with two bedrooms and a bathroom to the first floor.

Externally, the property benefits from a private rear garden, with on-street parking available to the front.

The vendor is also willing to consider the sale of the company that owns the property, subject to agreed terms. Depending on the transaction structure and the buyer’s circumstances, a company share purchase may have different tax implications from a direct property purchase. Buyers should obtain independent legal, tax and financial advice before proceeding.

For further information regarding the tenancy, rental arrangements or potential company sale, or to arrange a viewing, please contact Faith Hughes.

Important information: Gross yield is calculated before expenses and is not a guaranteed return. Rental, tenancy, company and ownership details are subject to verification. Any potential Stamp Duty Land Tax treatment will depend on the transaction structure and the buyer’s individual circumstances.

Photographs: The photographs were taken before the current tenants moved into the property and may not reflect its present condition or furnishings