Yieldit are pleased to bring to the market this excellent freehold property generating a gross yield of 3.53%, please note there is scope for a rental increase meaning that there is potential for an impressive 5.29% gross yield. The semi-detached property compromises of; an entrance hallway; living room with patio doors leading to the garden; three well-proportioned bedrooms and a light and airy fully-fitted kitchen diner. To the front of the property is a small front garden and driveway providing ample off road parking and to the rear is a great sized garden with lawn and an outhouse.

Ilkeston is a charming town in Derbyshire, situated close to Derby and Nottingham it has a range of amenities, shops, bars and sporting facilities such as a 10-pin bowling alley and an 18 hole golf course. The town is forecast for a period of significant growth over the next few years and the high street is set to be transformed with plans for new high specification retail units, luxury accommodation and the landmark Victoria House development will create two prime retail units for businesses which will attract more shops, create jobs and encourage growth in the local community.

Now is a brilliant time to invest in property in Ilkeston, overall over the last year properties had an average sale price of £169,711 which is a 9% increase on the previous year and a 14% jump from the 2018 peak of £149,343 (Rightmove). The postcode of DE7 is a relatively popular area with 619 transactions recorded in the past 12 months, which is 232.9% higher than the national average of 186 (Mouseprice). Don’t miss out and enquire today to discuss this investment opportunity with our property consultants.