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5 Bed HMO, Derby, DE74 2DA £320,000

30 Market Place, Kegworth, Derbyshire, DE74 2EE - 9 months ago
  1. Deal Search
  2. Derby
  3. DE74
  4. DE74 2DA
HMO
Inside Article 4
ROI: 7%
~117 m²

ValuationUndervalued

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Links

  • More Deals in Derby
  • More Deals in DE74
  • More HMO Deals
  • More HMO Deals in Derby
  • More HMO Deals in DE74

Property History

Price changed to £320,000

July 26, 2025

Listed for £330,000

March 20, 2025

Floor Plans

Description

  • Article 4 HMO property +
  • 5 double bedrooms +
  • Open plan kitchen/living area +
  • 2 modern bathrooms +
  • All white goods included +
  • Contents included +
  • Close to village centre +
  • No onward chain +
  • Rental value £2200 excluding bills +

Article 4 No chain
Fantastic investment opportunity in popular Kegworth village. 8% return on investment at full asking price but open to offers. Rental value based on the local student market but could be increased if used as serviced accomodation.

Article 4 No chain

Fantastic investment opportunity in popular Kegworth village. 8% return on investment at full asking price but open to offers. Rental value based on the local student market but could be increased if used as serviced accomodation.

The house has been refurbished throughout and there is no work to do.

Comprising 5 double bedrooms, 2 shower rooms, open plan kitchen/living/diner, parking to the rear and an offset area of lawn to the rear.

Every bedroom is decorated in a modern style with clean finish and they all havedoublebedswith mattresses,clothes storage and desks with deskchairs. There are two modern bathrooms, one housing the combi boiler which is less than 3 years old. The communal space has a fittedkitchen area, American style fridge/freezer,dining table with chairs and spaceofr a sofa is desired. All of the owners contents and whitegoos are included in the sale.

The house has a current HMO license and is therefore fully compliant with current regs including smoke alarms, fire safe door locks, fire doors, ample power points, etc. There is a current Electrical safety certificate, EPC and gas safety certificate.

The property is located in the popular village of Kegworth. With excellent transport links, it is within commuting distance of Nottingham, Derby, Leicester and London, with regular trains to St. Pancras from East Midlands Parkway railway station and close to the M1 motorway. The village is close to Sutton Bonington Campus of Nottingham University, Roxhill freight hub, East Midlands Airport and DHL, which makes it perfectly located for a buy to let property.

Agent Details

Lovage Homes Ltd, Kegworth

01509 674140

Next Steps?

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

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