2 bedroom Terraced House in Derby
82 Wolfa Street, Derby DE22 3SD
- Lot No: 232
- Property Type: Terraced House
- Contract Type: Unconditional with Variable Fee
Guide Price* £85,000 - £100,000 plus fees
Property Description
A 2 bedroom investment property currently generating an impressive yearly rental income in excess of £9,500. This 2 bedroom property has tenants in situ paying £795 pcm offering a handsome return on investment for a new investor/landlord. The property briefly comprises of a lounge, dining room, kitchen with utility room. Upstairs there are 2 bedrooms and a bathroom. Against our guide price the property yields in excess of 11% and offers favourable long term investment for any savvy investor.
Additional Information
Construction Material: Standard brick. Heating: Boiler and radiators, mains gas. Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as high in this area. Satellite and Cable - BT, Sky and Virgin show as available in this area.
Note
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Tenure
Freehold
- 5% deposit (subject to a minimum of £5,000)
- Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
Auction Details
Date 26th September 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454