** An excellent investment opportunity offered for sale with tenants in situ, generating an attractive gross yield of approximately 7.8%. **
A beautifully presented two-bedroom apartment situated in the highly sought-after area of Mickleover, offered for sale with tenants in situ and currently achieving a rental income of £875 PCM, generating an attractive gross yield of approximately 7.8% based on the asking price of £135,000. This makes the property an ideal opportunity for buy-to-let investors seeking an immediately income-producing asset in a strong rental location.
Conveniently located close to a wide range of local amenities, shops, cafés and transport links, the property also benefits from easy access to Derby city centre, the Royal Derby Hospital and major road networks including the A38 and A50.
Internally, the apartment comprises a welcoming entrance hallway with useful storage, leading into a bright and spacious open-plan living kitchen area. The lounge benefits from French doors opening onto a Juliet balcony, allowing plenty of natural light throughout the space. The modern fitted kitchen offers ample worktop and cupboard space together with an integrated oven, gas hob and appliance space.
There are two well-proportioned bedrooms, with the second bedroom benefiting from built-in wardrobe space, alongside a stylish bathroom fitted with a contemporary white three-piece suite and mains shower over bath. Further benefits include gas central heating, UPVC double glazing throughout and a well-maintained overall finish, making this a fantastic investment opportunity in a popular residential location.
Bedroom One
13'0" x 9'5" (3.95m x 2.87m)
Bedroom Two
9'5" x 9'4" (2.88m x 2.84m)
Lounge
12'2" x 9'5" (3.70m x 2.86m)
Kitchen
9'4" x 8'6" (2.84m x 2.60m)
Bathroom
8'6" x 5'7" (2.59m x 1.71m)
Council Tax Band A
