Buchanan Street, Derby, DE1

** Investment Property ** Landlords Only ** Student Let Accommodation **
A semi detached property located close to the the centre of Derby, close to the five lamps area and adjacent Darley Park, an ideal location for either Student or private let property investment. The home is within a substantial plot with attractive rear garden and driveway, and is currently a furnished student let, in contract till 2025, based on three people sharing generating an annual income of ?14,040 (excluding bills).
The internal accommodation offers a hallway leading to the communal lounge, and fitted kitchen with built in oven and hob, freestanding appliance spaces (appliances Included), back door to the garden and a wall mounted gas fired combination boiler. There is a rear extension to the home on the ground floor only, to provide a let third student bedroom, or second reception room over looking the rear garden. Concluding the ground floor is the fitted bathroom with a three piece white bathroom suite with an electric shower above the bath. The first floor has two generous double bedrooms. The good size plot lends itself to potential further extension in the future. The home is available to investment buyers prepared to continue with the existing tenancies into summer 2025.

The Accommodation

Hallway

Lounge

Kitchen

Ground Floor Bathroom

Ground Floor Bedroom

First Floor Landing

Bedroom

Bedroom

Driveway & Garden

Student Let Property

The home is occupied by three students currently @ ?90.00 per person per week on a 52 week contract generating ?14,040 per annum (excluding bills). The same students have been within the home the past 2 years and they have informed us, this will be their final year. The home is being sold as furnished accommodation, with appliances and furniture included within the sale.

Note

The internal images used were taken before the current occupation, therefore offer a representation of the internal layout only, along with the furniture included as part of the Let. An internal viewing is essential for the buyer to satisfy themselves as to the current internal condition of the home.Draft details awaiting vendor approval and subject to change.