Property Description

A potential high yielding freehold residential investment opportunity, to acquire a double fronted, three/four bedroom semi detached property, occupying a popular and convenient residential location. If the property were to be let on a room by room basis (using the dining room as a bedroom) we would anticipate a combined gross rental income of circa £20,000 per annum, this would represent an impressive 21% return based on the guide price. At present the property is currently let on a rolling assured shorthold tenancy agreement producing £700 per calendar month (£8,400 per annum) and in our opinion offers scope for significant rental increase. Internally the double glazed and gas central heated living accommodation consists of, front sitting room, inner lobby with staircase, separate dining room (potential fourth bedroom), breakfast kitchen room and family bathroom with three piece suite in white with shower over. To the first floor, there are three double bedrooms. Outside to the rear there is a well established generous sized garden. The property is located on the fringe of Burton with excellent road network connections into the town centre, where there is an impressive range shops and amenities. The nearby A38 provides swift access onto the A50, Toyota, Derby and further regional business centres. The sale provides an genuine opportunity for a discerning purchaser looking to acquire a very sensibly priced family home, situated in the context of an established and strong letting. Additional Information Parking Arrangements: To the rear. Water: Mains Electric: Mains Sewerage: Mains Heating: Mains Building construction: Standard brick Floor Risk: Medium surface water Broadband: Standard, superfast and ultrafast available Mobile Signal: o2, EE, Three and vodafone available Satellite and Cable TV Availability: BT, Sky and Virgin available

Front sitting room

11ft 9 x 10ft 6 into chimney recess

Separate dining room (potential fourth bedroom)

11ft 4 x 9ft 6 into chimney recess

Breakfast kitchen room

13ft 8 x 9ft 1

Family bathroom

13ft 8 x 4ft 6

Bedroom one

11ft 9 x 10ft 7 into chimney recess

Bedroom two

11ft 5 x 9ft 6 into chimney recess

Bedroom three

14ft x 7ft

Outside

To the rear there is a well established generous sized garden with full width patio, shaped lawn with flower beds and timber panelled fencing.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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