Derby Road, Nottingham
- BEDROOMS
5
- BATHROOMS
5
- 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
Key features
- Student HMO & Ground Floor Commercial Investment.
- 11% Yield.
- Current rent being achieved £48,000 p.a.
- Rare opportunity.
- Income breakdown:
- Flat Let at £37,995 p.a tenants pay bills.
- Retail Let at £10,400 can be vacant with 3 months’ notice.
- 5 double en-suited bedrooms.
- Fitted kitchen. Separate Living Area.
- Two Off Street Tandem Parking Spaces to Rear.
Description
Guide Price: £420,000
Overview: A rare mixed-use investment opportunity comprising a high-yielding student HMO and ground-floor commercial space.
Gross Yield: Exceptional 11% return based on the current combined rent.
Total Current Income: £48,000 per annum.
Income Breakdown & Tenancy Details
Student HMO (Upper Floors): Let at £37,995 per annum, featuring 5 double en-suite bedrooms, a fitted kitchen, and a separate living area. Tenants pay bills.
Commercial / Retail Unit (Ground Floor & Basement): Let at £10,400 per annum, with the flexibility to offer vacant possession upon 3 months' notice.
Key Features & Amenities
Prime, high-footfall location ideal for students.
Two off-street tandem parking spaces located to the rear.
Energy Efficiency Rating: Current D (63), with potential to reach B (83).
Brochures
Derby Road, NottinghamBrochure- 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: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 34999709. 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 M-S Estates, Nottingham. 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.