3 bedroom semi-detached house

Sandringham Place, Ilkeston, DE7 4FP

Size: sqm

Purchase price

£170,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,000
Lettings fees £744
Net income £5,256
Gross yield 3.53%
Net yield 3.09%

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.

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Brilliant 3 bedroom semi-detached property with a driveway and front and rear garden. Don't miss out and enquire today!

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted investment opportunity

Key features

Potential gross yield of 5.29%!

Key features

3 bedroom semi-detached property

Key features

Freehold

Key features

Modern fully-fitted kitchen

Key features

Three piece suite family bathroom

Key features

Driveway

Key features

Excellent rear garden

Key features

Freehold

ATTENTION INVESTORS - EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY! Brilliant 3 bedroom semi-detached property with a driveway and front and rear garden. Don't miss out and enquire today! More info...

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.

  • Key features
    Tick Desktop Tenanted investment opportunity
    Tick Desktop Potential gross yield of 5.29%!
    Tick Desktop 3 bedroom semi-detached property
    Tick Desktop Freehold
    Tick Desktop Modern fully-fitted kitchen
    Tick Desktop Three piece suite family bathroom
    Tick Desktop Driveway
    Tick Desktop Excellent rear garden
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,000
Lettings fees £744
Net income £5,256
Gross yield 3.53%
Net yield 3.09%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.