Summary - 38 Holcombe Street DE23 8HZ
2 bed 1 bath Terraced
Immediate rental income with useful local amenities and transport links.
Two double bedrooms and separate dining room
A two-bedroom mid-terrace offering clear rental potential in Normanton, close to shops and public transport. The property currently produces rental income of £9,600pa, making it attractive to buy-to-let investors seeking immediate yield in Derby.
Accommodation includes a lounge, separate dining room, fitted kitchen, utility/WC, two double bedrooms and a family bathroom. The house has gas central heating, double glazing (install date unknown) and a small rear garden. Broadband speeds are fast and mobile signal is excellent — useful for tenants and lettings.
Built c.1900–1929 with solid-brick walls likely lacking cavity insulation, the property will benefit from energy-efficiency improvements. The rooms are modest in size and the plot is small; these are typical for period terraced homes and may limit extension options. Tenure is not confirmed and should be checked before purchase.
Location strengths include nearby primary and secondary schools (several with Good ratings), wide local amenities and frequent bus routes. Buyers should note the area records high crime and high deprivation indices; factor this into rental demand assumptions, management costs and insurance. Flood risk is low.
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