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Property Investor - Wolverhampton - Ref: 325

1 bed Bedroom property to rent in Derby, 1
No Pets
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1 bed Apartment to rent.

York Street, Derby

£700 pcm

Nearest stations

  Derby  1.2 miles
  Peartree  2 miles
  Spondon  3.4 miles

Property Information

Ref ID: 325

Date available:

Furnishing: Not Specified

Property type: Apartment

 

Details

3 Year Rent to Serviced Accommodation Opportunity

Readymade 1 Bedroom Apartment

York Street, Derby, DE1 1FZ

Rent to Landlord = £700 pcm

Finderâ--s Fee = £3,000 + Vat

Potential Gross Income Based on 70% Occupancy = £2,512 pcm = £30,144 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £1,010 pcm = £12,120 per annum

Cashflow Over 3 Years = £36,360

Self Managed = £1,462 pcm = £17,544 per annum

Cashflow Over 3 Years = £52,632

For a limited time only, we have managed to secure a readymade one bedroom apartment within proximity to Derby City Centre.

The property is in good condition and briefly comprises one bedroom, modern fitted kitchen, open plan lounge and a garden space. The bathroom could be upgraded if needed.

The property is conveniently situated in a perfect location within easy access to great transport connections, city centre, local shops and all local amenities.

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Disclaimer

Property reference 325. The information displayed about this property comprises a property advertisement. rentright.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rentright has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Property Investor - Wolverhampton.

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