A FULLY LET, 9-BEDROOM HMO, each bedroom featuring a PRIVATE EN-SUITE, designed to accommodate UP TO 12 TENANTS. This property generates an IMPRESSIVE ANNUAL RENTAL INCOME of £47,800, offering a STRONG GROSS YIELD of 9.25%.
Located CLOSE TO DERBY CITY CENTRE, the property provides EASY ACCESS TO PUBLIC TRANSPORT and is CONVENIENTLY SITUATED near LOCAL AMENITIES, making it highly attractive to tenants.
The FREEHOLD with VACANT POSSESSION is available, or it can be purchased SUBJECT TO EXISTING TENANTS, providing flexibility to the buyer.
This is an IDEAL INVESTMENT OPPORTUNITY for those looking to achieve HIGH RENTAL RETURNS in a PRIME LOCATION.
The property comes with FULL PLANNING CONSENT for its current use and is LICENCED FOR MULTIPLE OCCUPATION (Ref - M100823) with approval from 22/08/2023 to 21/07/2028.
Don’t miss this opportunity to acquire a TURNKEY INVESTMENT with EXCELLENT CASH FLOW and APPRECIABLE LONG-TERM VALUE.
EPC Rating: D
Agent Details
SAB Estates, Greenford
020 8138 8637
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