£172,500
Priorway Avenue
- 0 beds
£172,500
- 0 beds
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
Share
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
FOR SALE – Offers Over £172,500
90 Priorway Avenue, Borrowash, Derbyshire, DE72 3HX
Well-Maintained Investment Property with Long-Term Tenants
Freehold – Strong Rental Yield – Sought-After Location
Rental Income: £800pcm (£9,600 per annum)
Tenure: Freehold
Property Overview
Pure Investor is pleased to present this excellent investment opportunity in the heart of the popular village of Borrowash, Derbyshire.
This well-presented property at 90 Priorway Avenue is a freehold home, currently let to long-standing tenants (in situ for 7 years) – a reliable mother and daughter who have maintained the property well and pay £800 per calendar month.
With offers invited over £172,500, this represents a strong opportunity for buy-to-let investors, with a gross yield of approx: 5.6%, and no chain complications.
Key Features
- Two-bedroom semi-detached house
- Spacious living area and well-kept interior
- Private rear garden
- Located in a quiet residential street
- Tenants in place for 7 years – proven rental stability
- Current rental income: £800pcm / £9,600pa
- Freehold tenure
- Offers invited over £172,500
- Comparable report of recently sold properties within close proximity – https://www.rightmove.co.uk/best-price-guide-report/3f5be1a3-b05e-4a38-9bf3-507e346e6544
- Comparable report of recently rented properties within close proximity - https://www.rightmove.co.uk/best-price-guide-report/832c789c-4fc1-4f10-b261-7dd19c0f58a3 (not many comparable rentals so included apartments to highlight rent is most likely below market rate)
Investment Highlights
- Asking Price: Offers Over: £172,500.00
- Rental Income (PCM): £800.00
- Annual Rental Income: £9,600.00
- Gross Yield: 5.6%
- Tenant Type: Long Term (7 years)
- Freehold: Yes
- No additional service charges or ground rent
- Ideal “hands-off” investment
- Potential for future rental uplift or resale
Location Highlights
Borrowash is a desirable suburb of Derby, offering a peaceful community atmosphere, yet with easy access to:
- Derby city centre (under 15 minutes’ drive)
- Excellent schools and amenities
- A52 and M1 for commuter links
- Shops, local services and green spaces within walking distance
Additional Information
- EPC Rating: E
- Council Tax Band: A
- Tenancy Agreement: AST in place
Mortgage calculator
Find out the cost of a mortgage for your new home.
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worth
Check instantly an estimated value of your homeFind the best
local agent
Compare local estate agents based on their performanceGet an Instant
cash offer
Get a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.