Presenting an outstanding investment opportunity, this end of terrace property is currently for sale and fully tenanted as a six-bedroom House in Multiple Occupation (HMO). Recently renovated in 2024 to a luxury specification, the ground floor impresses with stunning herringbone flooring, enhancing both style and durability.
The residence comprises six well-proportioned double bedrooms, thoughtfully arranged to accommodate tenants’ comfort and privacy. Two of the bedrooms benefit from en-suite facilities, with one en-suite bedroom also featuring a private kitchenette, adding an extra layer of convenience and appeal for discerning tenants. Communal amenities include a modern, open-plan kitchen, fostering a sociable environment tailored to shared living.
This property is complemented by four bathrooms, including a ground floor bathroom and a first-floor communal bathroom, ensuring convenience for all residents. With no reception rooms, the layout is optimised to maximise the lettable space and overall yield.
Ideally suited for investors, the property currently delivers an impressive gross income of £3,200 per calendar month (£38,400 per annum), making it a highly attractive addition to any portfolio. Situated in an excellent location, residents enjoy the benefit of public transport links and a wealth of local amenities, ensuring strong tenant demand and ongoing occupancy.
This turn-key investment combines proven income, contemporary interiors, and a desirable location, making it a compelling proposition for those looking to expand their property portfolio with a high-specification, income-generating asset. Early viewing is strongly recommended.
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are 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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Leaders - Derby Borrowash. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Leaders - Derby Borrowash for full details and further information.