Summary - 60A WALBROOK ROAD, DERBY DE23 8RY
2 bed 2 bath Terraced
**Standout Features:**
- Two tenanted one-bedroom flats (ground and first floor) with combined rental income of £9,360 p.a.
- Freehold ownership ensures long-term investment security.
- Gas central heating and double-glazed windows enhance comfort and efficiency.
- Communal entrance and shared rear garden space.
- Excellent local amenities and access to several outstanding schools.
**Notable Concerns:**
- Requires modernization, may need attention to bring up to contemporary standards.
- Crime rate in the area is above average, important for safety considerations.
- Solid brick structure with assumed lack of insulation may necessitate upgrades.
Perfect for first-time investors or those looking to expand their rental portfolio, this Victorian terraced property boasts two charming, tenanted flats in a vibrant, culturally diverse neighborhood. Each flat features cozy living spaces, efficient gas central heating, and access to a shared garden, ideal for relaxation. With a strong rental yield and no upward chain, you'll benefit from immediate income while holding the potential for future renovations to maximize your investment's value.
The property's location is set within a thriving community, close to schools with excellent Ofsted ratings, and ample local amenities catering to diverse needs. While the property does require some modernization, it is situated in a rapidly developing area with promising rental potential that could appreciate over time. Viewing is essential—don't miss this opportunity before it's gone!
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