Leaders are delighted to present this exciting investment opportunity – a fully licensed five-bedroom HMO property, ideally positioned on Derby Road within the ever-popular town of Loughborough. Currently achieving a gross annual income of £26,544, the property offers a gross yield of 7.37%. With five bedrooms, one bathroom and an additional wc, a communal reception room, and a well-equipped kitchen and conservatory, this property is well-suited to both student and professional tenants. Benefitting from full double glazing and gas central heating, this is an exciting addition to any investment portfolio.
Ground Floor Accommodation:
The property is entered via the entrance hall, which leads to the ground floor bedroom (Bedroom One), complete with a double-glazed window to the front elevation.
Further along the hallway is the communal kitchen, which also leads through to rear conservatory which features double doors out to the garden. Another ground floor bedroom is located from the kitchen (Bedroom 5).
Beyond this, the kitchen is fitted with sufficient units and appliances to cater to the needs of the residents. At the rear of the ground floor is a shower room including a corner shower, WC, and wash hand basin.
First Floor Accommodation:
The first floor provides access to three additional bedrooms shower room. Bedroom Three is located at the rear of the property, featuring a double-glazed window and radiator. Bedroom Two is at the front and also includes a radiator and double-glazed window. Bedroom Four has a double-glazed window and radiator. There is also a secondary separate WC located on this floor.
Location and Investment Potential:
Situated on Derby Road, this property enjoys exceptional access to public transport, local amenities, and Loughborough University. The area is a proven hotspot for both students and professionals, ensuring consistent rental demand and low vacancy rates. With excellent connectivity and a wide range of shops, restaurants, and services within easy reach, this location offers a compelling opportunity for investors seeking stable, long-term returns.
Leaders welcomes all enquiries and viewings.
To arrange a viewing or request further details, please contact our team today.
*Please note some of these photos were taken prior to the tenancy*
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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