Breedon Hill Road, Derby, Derbyshire, DE23
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
6
- BATHROOMS
5
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Laminate Flooring
- Fitted Kitchen
- En suite
- Spacious property
- Gas central heating
- Central Location
Description
Six-Bedroom HMO Investment Opportunity in Derby
Prime Location and Steady Income Stream
This six-bedroom HMO (House of Multiple Occupancy) on Breedon Hill Road, Derby, offers an excellent investment opportunity with a proven track record of rental income.
Key Features:
- Strong Rental Income: Currently tenanted, generating £34,400 per annum.
- Large Double Rooms: Six spacious double rooms provide ample accommodation for tenants.
- Prime Location: Situated on a popular street for landlords, ensuring a steady demand for tenants.
- HMO License: The property already has an HMO license in place.
Rental Details:
- Current Rental Income: £2870 per month (£34,400 per year)
- Room Rates:
- Room 1: £550
- Room 2: £550
- Room 3: £525
- Room 4: £450
- Room 5: £395
- Room 6: £400 (increasing to £550 after 6 months)
- Tenancies: All rooms are let on an AST (Assured Shorthold Tenancy) basis of 6-12 months.
- Inclusive of Bills: Rent includes all bills for convenience.
Investment Highlights:
- Steady Income: The property offers a reliable income stream due to its prime location and strong demand for rental accommodation.
- HMO License: The existing HMO license simplifies management and ensures compliance with regulations.
- Potential for Value Appreciation: Properties in Derby have shown growth potential, making this investment attractive for long-term returns.
Price:
Offers in excess of £350,000 are invited. The property is sold freehold subject to the existing tenancies.
Dont miss out on this fantastic investment opportunity! Contact Property Options Estate Agents to schedule a viewing and learn more.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.****ATTENTION LANDLORDS!!! *** 8% FULLY MANAGED****
Property Options Estate Agents also offer a professional Property MANAGEMENT service. If you are thinking of letting or just simply need some advice or help with your buy to let property please call the Lettings Team or just drop us an email we can call you back.
- Steady Income: The property offers a reliable income stream due to its prime location and strong demand for rental accommodation.
- Room 1: £550
- Current Rental Income: £2870 per month (£34,400 per year)
- 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.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Breedon Hill Road, Derby, Derbyshire, DE23
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About Property Options Sales & Lettings, Derby
536 Burton Road Littleover Derby DE23 6FN
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Visit our security centre to find out moreDisclaimer - Property reference 268714. 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 Property Options Sales & Lettings, Derby. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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