Summary - 111 MERRILL WAY ALLENTON DERBY DE24 9JN
3 bed 2 bath Terraced
Three-bed let with immediate rental income and parking.
- Three bedrooms with ground-floor cloakroom and open-plan kitchen diner
- Tenants in situ; property sold with occupants present
- No upward chain; freehold title
- Off-street communal parking and small rear garden
- Mains gas central heating; double glazing (install date unknown)
- Built 1950–1966; may need cosmetic refurbishment or systems checks
- Area classified as deprived with above-average crime rates
- Fast broadband and excellent mobile signal; no flood risk
This mid-century three-bedroom terraced house on Merrill Way is offered freehold with tenants in situ, making it a straightforward purchase for a buy-to-let investor. The layout is traditional: lounge, open-plan kitchen/diner with French doors, ground-floor cloakroom and three first-floor bedrooms. Off-street communal parking and a small rear garden add practical tenant appeal. Heating is mains gas with a boiler and radiators; windows are double glazed (install date unknown). Broadband and mobile signal are strong, and there is no flood risk. Council tax is very cheap.
The property sits in a hard-pressed, ageing urban community with above-average local crime levels and higher area deprivation; these factors affect tenant demand and resale prospects and should be considered in yield calculations. It was constructed between 1950–1966 and shows mid-century features; cosmetic updating and systems checks (electrics, boiler service, windows) are recommended. The sale is no upward chain, but tenants remain in situ which may limit immediate vacant possession.
Practical positives include good local primary schools rated Good, fast broadband, off-street parking and communal access. Negatives to weigh: the neighbourhood classification, possible maintenance or refurbishment needs, unknown dates for glazing and services, and tenant-occupied status. For an investor looking for a let-ready asset with immediate rental income and straightforward freehold title, this offers clear potential; for owner-occupiers seeking long-term community uplift, the local social indicators suggest careful consideration.
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