Summary - 66 FOLJAMBE ROAD BRIMINGTON CHESTERFIELD S43 1DD
2 bed 1 bath Terraced
**Standout Features:**
- Buy-to-let opportunity with long-term tenants in place
- Generating an annual income of £6,600, potential to increase to £8,160
- Spacious two bedrooms with well-maintained living spaces
- Private rear garden for outdoor enjoyment
- Freehold ownership
**Property Overview:**
Discover a fantastic investment opportunity in this charming two-bedroom Victorian terraced house located in the heart of Chesterfield. This well-kept home is ideally suited for serious investors and developers, featuring a cozy living room, a practical kitchen, and a bathroom, all designed to accommodate comfortable living. Enjoy the added benefit of a private rear garden—perfect for relaxation or gardening enthusiasts.
Currently leased with reliable, long-term tenants who have resided in the property for several years, you can step into a steady income stream from day one. The property generates £6,600 annually, with the potential for increased returns at the market rate of £8,160. The area benefits from essential amenities including schools with good ratings, restaurants, and local shops, enhancing its appeal to future tenants.
However, take note that the surrounding area faces some deprivation and economic challenges, which may impact property values over time. With a modest plot size and average crime rates, it’s a space that offers both potential and responsibility. With its competitive price point of £115,000, this home is a valuable addition for any investor looking to enhance their portfolio. Don’t miss out on this unique opportunity—considering the investment potential and existing occupancy, this property might not last long on the market.
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