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Clarence Road, Derby, Derbyshire

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

4

SIZE

1,152 sq ft

107 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 5 Bed 4 Bath HMO
  • Well Presented and Well Maintained
  • Fully Managed By A Local Agent
  • Gross Income - £20,880
  • Gross Yield - 10.98%
  • Buyers Fee - 1.5%

Description

The Asset Brokers are delighted present this fantastic 5 bed 4 bathroom HMO on Clarence Road, Derby. Offering a great income of £20,880 PA & fully managed by a local and reputable agent this is a fantastic turnkey investment for a first time investor or an experienced investor looking to add to their portfolio.

The property was taken back to brick just shy of 5 years ago but has been very well maintained by the current managing agent and is in a great condition.

The property is currently fully tenanted and has experienced little void periods in the time it has been operating.

Located on Clarence Road, the property is close to all local amenities and is not a far walk from Normanton Park. Derby Town centre is only 1.5 miles form the property and also Derby Hospital is only 1.6 miles away.

An excellent first time investment opportunity or addition to a growing portfolio.

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Clarence Road, Derby, Derbyshire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Peartree Station0.7 miles
  • Derby Station1.1 miles
  • Spondon Station3.1 miles
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Disclaimer - Property reference TLA-15522768. 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 The Asset Brokers Ltd, Liverpool. 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.

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