A fully let 9-bedroom all including en-suites, 12-person HMO, generating an annual rental income of £47,800, offering a gross yield of 9.25%. The property is located close to Derby city centre, with excellent public transport links and nearby local amenities.
The freehold with vacant possession is available or subject to existing tenants.
The property is an ideal investment for those seeking high rental returns in a prime location.
Full planning consent for the existing use and licenced to house multiple occupation(Ref - M100823) from 22/08/2023 - 21/07/2028
Council tax band E
Ground Floor : -
Hallway
Room 1 (3.2m x 4m and bay) including en-suite, bathroom and WC
Room 2 (2.6m x 4.5m) including en-suite, bathroom and WC
Room 3 (3.5m x 4.5m) including en-suite, bathroom and WC
Room 4 (3.5m x 5.6m) including en-suite, bathroom and WC
First Floor:-
Room 5 (3.7m x 4.1m) including en-suite, bathroom and WC
Room 6 (3.7m x 4.5m) including en-suite, bathroom and WC
Room 7 (4.2m x 2.8m) including en-suite, bathroom and WC
Shared Kitchen (4.2m x 2.8m)
Utility Room (1.5m x 2.6m)
Roof (Unused area)
Separate access to lower ground floor:-
Room 8 (9.2m x 4.4m) including en-suite, bathroom and WC
Room 9 (9.1m x 3.7m) including en-suite, bethroom and WC
Shared Kitchen (2.8m x 1.9m)
Parking - To the rare of the building on the lower ground floor.
Tenure: Freehold
Reference: RS0055