4 bedroom terraced house for sale

Wolfa Street, Derby

£125,000

Property Description

Key features

  • OPPORTUNITY TO EXPAND
  • FOUR LETABLE ROOMS
  • SPACIOUS
  • EXTENDED KITCHEN
  • COMMUNAL LIVING ROOM
  • LARGE BATHROOM

Full description

Tenure: Freehold

Martin&Co have a large four bedroom House in Multiple Occupation (HMO) for sale.

The property consists of three double bedrooms, and one large single room. The furniture is to be included in the sale of the property (beds, wardrobes, chest of drawers), as well as all kitchen appliances and sofas in the communal area. The tenants rent is all inclusive of all bills, and the current owner is responsible for gas, electric, water, council tax, WiFi and a communal cleaner.

Gross Rent: £1214
Approximate billing cost of £350 per month
Management Fee: £116

Monthly Profit: £748
Annual Profit: £8,976

There is scope for higher rents on the rooms subject to a light refurbishment on the property. There is also scope to convert the property into five bedrooms to incorporate two en-suite rooms and three sharing one bathroom. The rough cost of this conversion would be £30,000 (we can provide a more accurate quote should you wish to look into this as an option).

Call now for a viewing!
 

Energy Performance Certificate (EPC) graphs

Listing History

Added on Rightmove:
23 November 2016

Nearest stations

  • Derby (1.0 mi)
  • Peartree (1.6 mi)
  • Spondon (3.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Martin & Co, Derby - Lettings & Sales

15 St. James Street Derby DE1 1RF

01332 291922 Local call rate

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Floorplans

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Floorplan 1

Ground Floor

Floorplan 2

First Floor

To view this property or request more details, contact:

Martin & Co, Derby - Lettings & Sales

15 St. James Street Derby DE1 1RF

01332 291922 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Derby (1.0 mi)
  • Peartree (1.6 mi)
  • Spondon (3.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Martin & Co, Derby - Lettings & Sales

15 St. James Street Derby DE1 1RF

01332 291922 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100691002547. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Martin & Co, Derby - Lettings & Sales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.