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Markeaton Street, Derby, DE1

Property Reference: S6493

Listing Status

For Sale

Bedrooms

2

bathrooms

1

Property type

First Floor Flat

EPC Rating

Download EPC

Floor Plan

Download FP

Virtual Tour

Virtual Tour

Key Features

  • HIGH-YIELD INVESTMENT OPPORTUNITY – generating approx. £9,300+ per annum
  • TENANT IN SITU – immediate rental income from day one
  • PRIME CITY LOCATION – close to Derby city centre, hospital & university
  • STRONG RENTAL DEMAND AREA – ideal for long-term capital growth
  • SPACIOUS TWO-BEDROOM APARTMENT – well-proportioned layout throughout
  • WELL MAINTAINED & READY-MADE INVESTMENT – no upfront works required
  • ATTRACTIVE PRICE POINT – excellent value vs local comparables
  • LEASE EXTENSION POTENTIAL – opportunity to add value and increase resale price
  • LOW HOLDING COSTS – modest ground rent and service structure
  • PERFECT FOR INVESTORS OR FIRST-TIME LANDLORDS – hassle-free addition to any portfolio

Full Description

**4 Marsh Flats, 75 Markeaton Street, Derby DE1 1DX** **A Fantastic Investment Opportunity in a Prime Location** ** Motivated Seller ** ** Offers Invited ** We are delighted to present this excellent first-floor flat, situated in the heart of Derby's city centre, offering a fantastic opportunity for investors or first-time buyers seeking a secure and lucrative property investment. **Accommodation** This well-maintained top floor , low service charge priced to sell flat boasts a spacious living room of 13'10" x 11'4", perfect for relaxing and entertaining. The fitted kitchen, measuring 11'2" x 8'2", is well-equipped and ideal for cooking and socialising. The property comprises two generous bedrooms, each with ample storage space, and a modern bathroom with a three-piece suite. **Investment Potential** The property is currently let at £781 per calendar month, generating an impressive annual income of £9,372. This provides an immediate income-producing investment, perfect for those seeking a secure and reliable rental income. High Yield. **External Features** The development benefits from communal areas and courtyard parking, providing a secure and convenient parking solution. The shared garden is a lovely feature, perfect for outdoor relaxation and entertainment. **Location** Markeaton Street is positioned within walking distance of Derby City Centre, offering easy access to all key amenities. Close to both Hospital and University giving access and viability to rent to students and professionals alike.


Parking

  • Communal Parking
  • Private Parking
  • Off-street Parking
  • In/Out Driveway
  • Visitor Parking

Outside Space

  • Communal Garden
  • Shared Garden
  • Front Garden
  • Enclosed Garden
  • Patio

Heating

  • Gas
  • Gas Central Heating

leasehold

Ground Rent

£100

Annual Service Chanrge

£0

Years Remaining

63

Markeaton Street, Derby, DE1

£95,000

offers-in-region

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