This property is no longer on the market
2 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- Two double bedrooms
- Spacious enclosed rear garden
- Investment property - 6.5%
- No upward chain
- EPC Rating - E
- Council Tax Band - A
Welcome to this terraced two-bedroom home located in the prime location of Riddings. This property presents an excellent investment opportunity, with a good tenant who has occupied the home for a number of years. With its prime location, two bedrooms, large garden space, and the added benefit of being sold with the tenant in situ, this property offers a yield of 6.5%.
Riddings is a small village located in Derbyshire, England. With a population of approximately 4,000 residents, it offers a peaceful and tight-knit community environment. The village is known for its picturesque surroundings, nestled amidst rolling hills and countryside. Riddings features a range of amenities, including shops, pubs, and a primary school, serving the needs of its residents. The area offers ample opportunities for outdoor activities, with nearby attractions such as Riddings Wood and The Five Pits Trail, ideal for nature lovers and walkers. Riddings retains its village charm while providing easy access to nearby towns and cities for additional amenities and services.
Situated in a prime location, this home benefits from easy access to local amenities, schools, and transport links. Its central position ensures convenience for both tenants and future residents.
The property currently has a reliable tenant who has occupied the home for a number of years, offering stability and consistent rental income. This makes it an attractive opportunity for investors looking for a property with a proven rental history.
Inside, the home features two bedrooms, providing comfortable accommodation for tenants. The bedrooms are well-proportioned and offer flexibility for various furnishings and layouts.
The property also boasts a large garden space, providing outdoor space for tenants to enjoy. Whether it's for relaxation, gardening, or entertaining, this garden offers a versatile and desirable feature that adds value to the property.
Being sold with the tenant in situ is a significant advantage for investors, as it allows for a seamless transition of ownership and ensures immediate rental income from the start. The yield of 6.5% makes this property a financially appealing opportunity.
In summary, this terraced two-bedroom home in Riddings presents an excellent investment opportunity. With its prime location, good tenant of a number of years, two bedrooms, large garden space, and the added benefit of being sold with the tenant in situ offering a yield of 6.5%, this property is an attractive option for investors seeking stable rental income. Don't miss out on the chance to acquire this investment property with proven potential.
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Property reference MBR_LFR_LFSYCL_645_835238887. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Cope & Co - Derbyshire.
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Broadband availability and predicted speed: obtained from Ofcom on July 12, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on July 12, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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