5 Bed HMO, Derby, DE23 6LN, £200,000

• 5 Bed 4 Bath HMO +
• Well Presented and Well Maintained +
• Fully Managed By A Local Agent +
• Gross Income - £20,880 +
• Gross Yield - 10.98% +
• Buyers Fee - 1.5% +

The Asset Brokers are delighted present this fantastic 5 bed 4 bathroom HMO on Clarence Road, Derby. Offering a great income of £20,880 PA & fully managed by a local and reputable agent this is a fantastic turnkey investment for a first time investor or an experienced investor looking to add to their portfolio.

The property was taken back to brick just shy of 5 years ago but has been very well maintained by the current managing agent and is in a great condition.

The property is currently fully tenanted and has experienced little void periods in the time it has been operating.

Located on Clarence Road, the property is close to all local amenities and is not a far walk from Normanton Park. Derby Town centre is only 1.5 miles form the property and also Derby Hospital is only 1.6 miles away.

An excellent first time investment opportunity or addition to a growing portfolio.