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This property was removed from Dealsourcr.

5 Bed HMO, Derby, DE1 1SD £295,000

Gower Street, Derby, DE1 1SD - 30 views - 2 years ago
  1. Deal Search
  2. Derby
  3. DE1
  4. DE1 1SD
Sold STC
HMO
Inside Article 4
ROI: 9%
~137 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Derby
  • More Deals in DE1
  • More HMO Deals
  • More HMO Deals in Derby
  • More HMO Deals in DE1

Property History

Listed for £295,000

April 13, 2024

Floor Plans

Description

  • Five Bedroom Standard Construction Mid-Terraced Property +
  • All Five Bedrooms Currently Let As An HMO +
  • Potential Yearly Earning of £31,980 Including Bills +
  • EPC Rating D +
  • Council Tax Band C +
  • Freehold +
  • On-Street Permit Parking & Pay-And-Display Parking +
  • Freehold +
  • Located In The Heart Of Derby City Centre +
  • Well Maintained Interior +

PREMIER PROPERTY - INVESTMENT OPPORTUNITY A fantastic opportunity arises for an investor to purchase is this five bedroom mid-terraced property, currently being sold as an HMO with all tenants in situ. Located in the heart of Derby City Centre, the property has a potential gross yearly earning of £31,980 (Including bills) and was refurbished to a good standard in 2023.

In brief, the accommodation comprises: Entrance hall with Minton flooring; communal lounge; fitted communal kitchen/diner; ground floor double bedroom; access to a spacious and usable cellar. First floor galleried landing; two double bedrooms; communal laundry room; shower room; separate bathroom having a four-piece suite. Second floor landing; two double bedrooms.

Outside, to the front of the property are steps leading to the front door and a tunnelled passageway leading underneath the property giving access to the rear for bin access and cellar. There is a low maintenance, private, enclosed rear garden with patio area, gravel beds and walled boundaries.

Gower Street is extremely convenient for a variety of local amenities within the City Centre, including high street shopping with the Derbion Shopping Centre close by, together with bars, restaurants, gyms, Velodrome, regular bus services and access to the train station.

Internal viewings are highly recommended to fully appreciate the size and standard of the accommodation and the location of the property on offer.

Agent Details

Hannells Estate Agents, Allestree

01332 215470

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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