Junction Street, Derby, DE1 1LX


3 bedrooms 3 bedrooms 1 bathroom 1 bathroom
Market Rent: £565 Estimated gross yield: 5.0%

INVESTORS ONLY- This wonderful investment property stands in an excellent location for CITY CENTRE and DERBY ROYAL HOSPITAL, making it attractive to professional tenants. The buyer of this property would benefit from a three bedroom property offering HMO potential. This property currently houses LONG TERM sitting tenants, who have been in the property since March 2015. This property offers a 5% yield.

ATTENTION ALL INVESTORS!!! Northwood are pleased to offer this nicely presented, mid terraced three bedroom house, which is situated in a highly sought after location within walking distance to the City Centre & Derby Royal Hospital with, on street parking GFCH & DG where mentioned. The property comprises: Entrance hall, open plan lounge dining room, modern, fully fitted kitchen with electric oven, gas hob and fridge, cellar which has been converted into a utility room with washing machine, tumble dryer and a large freezer. To the first floor there are two double bedrooms and single bedroom with built-in wardrobes. Family bathroom with 3 piece suite and electric shower over. The property also enjoys an enclosed rear yard. The house will be sold with sitting tenants currently paying £565 PCM, who have been in the property since March 2015; offering reliable, long term and instant income.

Draft details awaiting vendor approval.

Entrance Hall
Decorative cornicing to the ceiling, radiator and staircase which takes you to the first floor.

Dining Room 3.51m x 3.45m (11'6 x 11'4)
A spacious dining area featuring a UPVC double-glazed window, multiple cupboard spaces offering a convenient amount of storage space and a wall-mounted radiator. A door to the left leads a staircase to the cellar. An opening to the right leads to:-

Lounge 3.51m x 3.50m (11'6 x 11'6)
A comfortable lounge space featuring a large UPVC double-glazed window, allowing a generous amount of natural light in to the room, cornicing to the ceiling, wall-mounted radiator and television point. This room also features an Adam style fireplace, adding to the character of the room.

Kitchen 2.58m x 2.00m (8'6 x 6'7)
Tile effect flooring, partly tiled walls, UPVC double glazed window, smoke alarm, wooden door to side leading to garden space off and comprising a range of matching, wall base units with worktop over, incorporated sink drainer, integrated electric oven, gas hob, with cooker hood over and integrated fridge.

Tiled stairs lead down to a spacious cellar which has been converted to a room with a radiator and this space offers valuable storage and a utility room with a sink and drainer, washing machine and tumble dryer.

Galleried Landing
Radiator, loft access, coving and smoke alarm to the ceiling.br /br /

Tile effect laminate flooring, tiled walls, UPVC double glazed window with obscured glass, extractor fan, shaver point, radiator, low level WC, sink set within a wooden vanity unit and wood panelled bath with electric shower over.

Bedroom One 3.51m x 3.47m (11'6 x 11'5)
The main bedroom benefits from coving to the ceiling, wall mounted radiator, a UPVC double glazed window and a range of fitted wardrobes.

Bedroom Two 3.47m x 3.45m (11'5 x 11'4)
This surprisingly spacious second bedroom benefits from a range of wardrobes, UPVC double glazed window and a radiator.br /br /br /

Bedroom Three 2.50m x 1.81m (8'2 x 5'11)
The third bedroom comprises a UPVC double glazed window and a radiator.

To the rear of the property is a yard area containing a small outhouse, the yard is also accessible via a shared access entry to the side of the property from the street.

Floor plans


View map


Key Features

  • 3 Bedroom House
  • Long Standing Tenants
  • Walking Distance for City
  • Excellent for professional lets
  • 5% Yield

Call Derby office 01332 851570 5a St. James Street Derby DE1 1QT

Arrange a viewing for the above property

Registered Office: Northwood (Derbyshire) Ltd, Suite 1, 3rd Floor, 11-12 St James's Square, London, SW1Y 4LB - 06596180. VAT number:876017216.
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