£159,950

Cameron Road, Cavendish, Derby DE23

£159,950

3 Bedroom Semi-Detached House For Sale

Cameron Road, Cavendish, Derby DE23


Key features

  • Investors only
  • Two self contained flats
  • Tenant in situ
  • Two bed flat
  • One bed flat
  • Popular location
  • No upward chain
  • High potential yield

This property provides a fantastic investment opportunity in an ideal area of the city. A traditional, semi detached home, which has been split into two separate, self contained flats, both having a full array of private facilities.

Flat 1 is a one bedroom ground floor flat, with a good sized bedroom with bay window, living room, kitchen and bathroom. Flat 2 is a two bedroom duplex flat, with two good size bedrooms, generous living room, kitchen and bathroom. Flat 2 is currently vacant whilst Flat 1 has a tenant in situ. With both flats tenanted the annual rental income would be £10,800, providing a healthy potential investment yield of around 7%.

Cameron road is situated in the popular suburb of Cavendish within the City of Derby, which has a vast array of local amenities, such as restaurants and shops. The property is ideally located within easy access of major commuter links, such as the M1, A50 and A38, as well as being close the ring road, which provides an easy route to the Royal Derby Hospital.

Lease Information:
Two Leasehold Flats (999 year leases from 2015) plus Freehold title.
No service charge or payable ground rent applies.

*Please be aware that the photographs shown were taken prior to tenants moving in to the property and as such may not be representative of the current condition.  

FLAT 1  

LOUNGE 14' 8" x 12' 2" (4.49m x 3.71m)  

KITCHEN 7' 11" x 6' 11" (2.42m x 2.12m)  

BATHROOM 7' 6" x 4' 5" (2.30m x 1.35m)  

BEDROOM ONE 12' 1" x 11' 11" (3.69m x 3.64m)  

FLAT 2  

LOUNGE 12' 2" x 11' 10" (3.72m x 3.62m)  

KITCHEN 7' 1" x 5' 1" (2.17m x 1.57m)  

BATHROOM 7' 6" x 4' 4" (2.30m x 1.34m)  

BEDROOM ONE 12' 0" x 11' 10" (3.67m x 3.62m)  

BEDROOM TWO 12' 9" x 11' 10" (3.89m x 3.63m) Irregular shaped room  

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Contact Martin & Co Derby

  • 15 St. James Street
  • Derby
  • DE1 1RF

Call 01332 650068

derby@martinco.com

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