Nottingham Road, Derby, Derby City
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
4
- BATHROOMS
4
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
The property comprises four generously sized bedrooms, each benefiting from its own private ensuite bathroom, making it particularly appealing to professional tenants seeking comfortable and convenient accommodation.
In addition to the bedrooms, the property benefits from a modern fitted communal kitchen and a separate reception room, providing tenants with practical shared living facilities.
A significant advantage of this investment is its location outside Derby's Article 4 Direction area, offering potential flexibility for investors looking to reconfigure the accommodation or increase the number of lettable bedrooms.
Key Investment Features
Four bedrooms, all with private ensuite bathrooms
Modern fitted communal kitchen
Additional separate reception room
Annual rental income of £24,600
Located outside Derby's Article 4 Direction area
Potential to increase bedroom numbers and rental income
Ideal investment opportunity for existing HMO landlords and investors looking to expand their portfolios
An Attractive Investment with Further Potential
With four ensuite bedrooms already generating a combined rental income of £24,600 per annum, the property represents an appealing investment opportunity at an asking price of £225,000.
The additional reception room and location outside the Article 4 Direction area provide further potential for an investor to explore ways of maximising rental income and enhancing the property's long-term investment value.
Early viewing is highly recommended to appreciate the accommodation and investment potential on offer.
- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Back garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- 1st floor
Energy performance certificate - ask agent
Nottingham Road, Derby, Derby City
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 341nottinghamroad. 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 Ibbotson Estates, 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.