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Uttoxeter Old Road, Derby, Derbyshire

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

7

BATHROOMS

7

SIZE

936 sq ft

87 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

198A uttoxeter Old Rd, Derby-01
1

Key features

  • 7 Bed All En Suite HMO
  • Excellent Location for Students and Working Professionals
  • Fully Compliant & Licensed
  • Article 4 Location
  • Walking Distance To Town Centre
  • Well Managed By a Local Reputable Agent
  • Gross Income - £42,120
  • Gross Yield - 10.53% / 11.77%
  • Buyers Fee - 1.5% Inc VAT

Description

SFT Property are delighted to bring this 7 bed detached HMO to the market. Recently refurbished to a high standard and a stones throw from Derby city centre. Currently offering a gross income of £42,120 PA & a gross yield 10.53% with scope to increase to £47,100 PA /11.77%.

The property is a detached double fronted house with off road parking to the front. Upon entering the property there is a light and airy hallway leading to three en suite double rooms, a large kitchen and a insulated conservatory offering great space for shared living. To the first floor of the property there are a a further four en suite rooms. At the rear there is a large landscaped garden.

This in a excellent investment opportunity that is currently fully managed by a local reputable agent meaning it can be offered as completely hands off.

Located only a stones throw from Derby City centre so is in an excellent position for all local amenities. Benefitting from being walking distance from the city centre, Royal Derby hospital and multiple university campus'.

There is also scope to increase rents on the property to £3,925 PCM / £47,100 - Pushing it to a fantastic 11.77%.

To arrange a viewing - Get in touch with the team today!
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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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
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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Uttoxeter Old Road, Derby, Derbyshire

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About SFT Property Services, Covering Nationwide

Nationwide
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Nationwide property sales agency, selling properties across the UK. Residential, Buy to Lets, HMO'S, Blocks & Portfolios. A fully compliant agency offering a personal and hand held service.

Your mortgage

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Years
%
Monthly repayments
£1,861
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Disclaimer - Property reference SQN-14443081. 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 SFT Property Services, Covering Nationwide. 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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