Summary - 1 MERCHANT STREET DERBY DE22 3AN
2 bed 1 bath Terraced
**Key Features:**
- Price: £145,000
- Terraced Victorian property
- Two double bedrooms
- Tenanted investment opportunity
- Freehold tenure
- Convenient access to A38 and A52 routes
- Close to local amenities and University of Derby
Nestled in a vibrant, cosmopolitan student neighborhood of Derby, this two-bedroom Victorian terraced house presents a fantastic investment opportunity. With a competitive price of £145,000, the property benefits from excellent mobile and broadband connectivity, making it ideal for both students and professionals.
While the charming brick exterior adds character, the house offers small to medium-sized rooms, providing a cozy living space that’s close to an array of amenities, including pubs, restaurants, and fitness centers. Tenanted presently, it ensures an immediate return on investment.
However, it’s worth noting that the local area experiences high crime rates and is rated as very deprived, which may pose some concerns. On the upside, with affordable council tax and flexibility for future renovations, this property has potential for increased value.
Don’t miss the chance to secure this cozy terraced home in a sought-after location—it’s perfect for investors looking to capitalize on the thriving local rental market!
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