4 Bed HMO, Derby, DE1 1NF, £210,000

Uttoxeter Old Road, Derby, Derbyshire, DE1 1NF - 2 months ago

Sold STC
HMO
ROI: 10%
~129

ValuationUndervalued











Cashflows























Property History

Listed for £210,000

February 19, 2025

Description

  • 4 Bedroom HMO +
  • Fully Let +
  • High Yielding Investment +
  • Fully Managed +

Uttoxeter Old Road - Fully Tenanted 4-Bedroom Victorian HMO with Excellent Income Potential

Ibbotsons Estates proudly presents this charming, mid-terraced Victorian house at 154 Uttoxeter Old Road, Derby-a fully licensed 4-bedroom HMO generating a solid gross income of £24,900 annually. Perfectly positioned close to the city centre, this property is an attractive opportunity for investors looking for a reliable and hands-off income stream.

Property Highlights:

Bedrooms: Four spacious double bedrooms, each with its own en-suite bathroom, providing tenants with comfort and privacy. The top-floor bedroom also benefits from a separate office space-ideal for remote work or study.

Communal Spaces: The property features a bright, welcoming lounge area, perfect for tenants to relax and socialize. The modern kitchen is equipped with essential appliances, ensuring convenience and practicality.

Tenant Profile: Fully tenanted by working professionals, offering stable occupancy and consistent rental income.

Income: This HMO is under full management, providing a seamless investment experience with minimal effort. Current gross annual rental income is £24,900, reflecting a high-yield opportunity in a sought-after area.

Local Area & Amenities:

Situated in a desirable location near the city centre, 154 Uttoxeter Old Road provides tenants with easy access to local shops, transport links, and recreational areas. This property is perfect for tenants seeking a central, connected lifestyle while offering landlords a hands-free, managed investment.

Investment Opportunity:

Don't miss the chance to own a fully tenanted, high-yield HMO in a prime Derby location. Contact us today to learn more or to arrange a viewing!

Agent Details

Ibbotson Estates, Derby

01332 215082

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.