Summary - 69 DARBY STREET DERBY DE23 6UE
2 bed 1 bath Terraced
Let property producing steady income with tenant in place.
Two-bedroom Victorian mid-terrace with private rear garden
A two-bedroom mid-terrace in Darby Street offered freehold with a tenant in situ and established rental income. The property produces a stated gross income of £9,000 per year, which relative to the guide price of £142,000 equates to around a 6.3% gross yield — an option for investors seeking immediate cashflow.
The house is a Victorian-style terrace with typical small-to-average room sizes, on-street parking and a private rear garden. Internally the layout includes two bedrooms, a lounge, a family room, kitchen and three-piece bathroom. Broadband and mobile signal are reported as good, and there is easy access to local shops, schools and public transport.
Material considerations are set out plainly: the area is classified as very deprived with above-average crime rates, and the terrace stock offers limited external amenity and compact room sizes. The property is described as generally well kept but may require modernisation to maximise rental value or re-letting potential. No internal photographs are included with this listing; a site visit and full schedule are recommended.
For a buyer seeking an investment lot, the existing tenancy (over a year, tenants wish to remain) reduces void risk but will transfer with the sale unless otherwise agreed. A buyers premium applies to secure purchase — factor this and any refurbishment costs into your acquisition appraisal.
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