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Two-bedroom mid-terrace house with tenant in situ
Riddings, DE55 - Get Access
2 bed
1 bath
Description
An excellent investment opportunity in Riddings, Alfreton, Derbyshire, this two-bedroom mid-terrace house comes with a long-standing tenant paying £610 per calendar month. Offering scope for rent increases and capital gains through refurbishment, it is ideally located near local amenities and picturesque walks. Presenting a superb investment opportunity, this two-bedroom mid-terrace house is situated in the sought-after village of Riddings, Derbyshire. The property is an ideal acquisition for investors seeking a reliable income stream with significant potential for growth. The property currently benefits from a long-standing tenant already in situ, providing immediate rental income. This established tenancy offers a hassle-free transition for the new owner, with clear scope to review and increase the rent in line with current market values. Internally, the house features two generous double bedrooms, offering comfortable living spaces. The ground floor boasts a spacious reception room to the front aspect, providing ample room for relaxation and entertaining, alongside one bathroom. While some works are required, these present a fantastic opportunity to carry out refurbishment, adding significant capital value and further increasing its appeal and potential rental income. Externally, off-road parking is available, which is a valuable asset in this residential area. The location offers residents a charming village lifestyle, surrounded by picturesque walks and benefiting from excellent travel routes ensuring easy access to neighbouring towns and cities. A comprehensive range of local amenities, including shops, schools, and services, are all within convenient reach. The property falls within Council Tax Band A and has an EPC Rating of D.