Terraced House
An excellent investment opportunity to acquire a Victorian three bedroomed mid-terraced property currently let on a 12 month assured shorthold tenancy agreement from January 2017 producing £4,680 per annum thus producing a superb high yield investment. Constructed of traditional brick beneath a replacement pitched tiled clad roof, the property requires a scheme of improvements. Internally the character accommodation has the benefit of uPVC double glazing, part gas central heating and consists of lounge, inner lobby, separate dining room, fitted kitchen, rear lobby/utility area and bathroom with shower. To the first floor the passaged landing leads to three bedrooms and potential for a loft conversion (subject to the usual planning consents). To the rear there is an enclosed garden.
The property occupies a popular and established location situated within literally yards of Cavendish shopping centre, Derby’s inner ringroad where there are several retail parks and easy access onto the A38 and the City centre.
Entered by a door to front, built in wardrobe and access to inner lobby. Note - We are informed by the seller that the front window is currently being replaced.
Access to –
With sealed unit double glazed window in uPVC frame to the rear elevation and electric fire.
With sealed unit double glazed window in uPVC frame to the side elevation, door to side. The fitted kitchen comprises a range of wall mounted cupboards with base units, drawers, preparation surface, stainless steel sink and drainer, splashback tiling and cooker point.
With plumbing for washing machine and wall mounted boiler.
With sealed unit obscure double glazed window in uPVC frame to the side elevation. Fitted with a three piece in white comprising a panelled bath with shower unit over, low level wc, pedestal wash hand basin and complementary tiling to the walls.
With double central heating radiator.
With sealed unit double glazed window in uPVC frame to the front elevation, built in wardrobe, central heating radiator.
With sealed unit double glazed window in uPVC frame to the rear elevation.
With sealed unit double glazed window in uPVC frame to the rear elevation.
To the rear of the property there is an enclosed garden.
Head out of Derby City centre along Burton Road (A5250) and at the traffic lights with Derby’s inner road turn left onto Warwick Avenue (A5111). At the traffic island take your first turning left onto Stenson Road, continue for a short distance and at the traffic island take your turning left onto Upperdale Road, fourth left onto Clarence Road, immediate right onto Woolrych Street, second left onto Thorn Street and the property will be situated on the left hand side as clearly denoted by our auction for sale board.
The property is let on a 12 month assured shorthold tenancy commencing January 2017 at £90 per week (£4,680 p.a.)
Freehold. Subject to tenancy.
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