Summary - 54 DARBY STREET DERBY DE23 6UD
2 bed 1 bath Terraced
Immediate rental income property with garden and low running costs.
- Two double bedrooms and two reception rooms, practical tenant layout
- Current gross income £9,900 per year (approx. 7.9% gross yield)
- Sold with sitting tenant; tenancy contracted until August 2206
- Gas central heating and double glazing already installed
- Rear garden with outhouse for storage; small plot
- Area: very deprived locality and above-average crime rates
- Solid brick walls likely uninsulated; potential energy upgrade required
- Dated interior finish; suitable for long-term rental income investors
A ready-made buy-to-let in Derby, this Victorian mid-terrace delivers immediate rental income and a strong gross yield for investors. The two double bedrooms, two reception rooms and private rear garden are practical layouts that appeal to broad tenant demand. Gas central heating and double glazing reduce short-term maintenance needs, while the property’s compact 763 sq ft footprint keeps running costs modest.
The house is sold with a sitting tenant and no upward chain, currently producing £9,900 per year — an approximate gross yield of 7.9% at the listed price. The tenancy is contracted through August 2206, so purchasers should review the tenancy terms and possession options before proceeding. The small plot and useful outhouse offer storage and simple outdoor space for tenants.
Buyers should note the property's context: it sits in a very deprived area with above-average crime rates, though it benefits from excellent mobile signal, fast broadband and many local amenities. The interior shows dated decor and will suit investors seeking steady rental return rather than a high-spec finish. Solid brick walls are assumed uninsulated, which may limit energy efficiency unless upgraded.
This is a straightforward acquisition for an investor seeking cashflow from day one, provided they accept the long-standing tenancy and the need for any future improvements to modernise energy performance or decor.
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