Priorway Avenue

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