FOR SALE BY ONLINE AUCTION - A partially let five bedroom terrace house arranged as a five bedroom all ensuite HMO with a potential rental income of £31,112 when fully tenanted
Description
Freehold terrace house
5 ensuite bedroom tenanted HMO
Open plan living room and kitchen
Benefits from a rear garden
Popular rental area close to major employment drivers - Rolls-Royce, Toyota, and the University of Derby attract professionals and students.
Licensed, fully managed HMO in a prime location
Current rental income of £17,700 per annum (part tenanted with rooms advertised)
Location
Situated on the well-connected Stockbrook Road in Derby, the property enjoys convenient access to the A516 and A38. Offering direct routes to the city centre, Royal Derby Hospital and University of Derby. Set within a thriving residential area, it is close to a range of local amenities including shops, school and parks.
Transport links are provided by both Derby and Peartree Rail Stations.
Planning
Planning granted through Derby City Council, Ref: 21/01814/FUL (20-10-2021)
Planning granted for change of use from a small house in multiple occupation (Use Class C4) to a house in multiple occupation for up to seven occupants (Sui Generis Use)
HMO Compliance
- HMO License
- EICR
- Gas Safety Certificates
- Fire Risk Assessment
- Emergency Lighting Test
- Fire Alarm Test Certificate
- Planning Permission