Property Details


Tenanted 2 Bed Maisonette

Derbyshire

England

Prices From £67,995

Reserved


Global Property Investors are pleased to launch our latest investment opportunity located in Ilkeston, Derbyshire.  This modern 2 bedroom first floor maisonette has its own private entrance and is located on a sought after Barratt Homes development (parking included).

Available to purchase through Global Property Investors at just £67,995.

The maisonette is currently tenanted on an AST at £425 pcm, this results in a gross yield of 7.5%.  Predicted cash-flow is good at approximately £318 pcm after mortgage costs (subject to status).  The property is well located for easy access to Nottingham, Derby and J26 of the M1.

Property Summary


  • 2010 Built 2 Bedroom Semi-Detached Maisonette Style Property
  • Built By Barratt Homes & Part of the Hallam Fields Scheme
  • 6 Years Remaining on the NHBC Warranty
  • Currently Let at £425pcm
  • Producing a Huge 7.5% Rental Yield
  • Ready Income Producing with No New Build Voids
  • Re-Sale Property Offering Wider Buy to Let Mortgage Options
  • Nearby New Build 2 Bed Apartments at £95K
  • No Expensive Leasehold Costs Due to the Lease Type
  • Short Commute from Nottingham Centre

Financial Breakdown