House For Sale £290,000
Summary
An excellent opportunity for an investors to acquire a well-established five ensuite bedroom licenced HMO with off road parking in a popular and convenient location close to Derby City and Pride Park.
Description
An excellent opportunity for an investors to acquire a well-established five ensuite bedroom licenced HMO in a popular and convenient location close to Derby City and Pride Park. The property is to be sold with the current tenants in situ with a monthly rental income of £2000 give a gross yield of circa 8%. The superbly maintained accommodation in brief comprises a entrance hallway, modern well equipped communal kitchen, two ground ensuite bedrooms and large utility room. To the first floor can be found three further ensuite bedrooms and boiler/storage room. There is also potential for a loft conversion to create a sixth lettable room ( subject to permission, building regs etc ). Outside can be found a low maintenance courtyard are and three off road parking spaces accessed via Commerce Street. The property is well placed for access to local amenities, Derby City, Rolls Royce, Bombardier and local road links including the A52 leading to the M1.
Accommodation
Entrance Hallway
Accessed via Upvc entrance door, stairs to first floor, radiator and double glazed window.
Communal Kitchen 11,11 x 12,1
Well equipped with matching wall and base units, work surfaces with inset sink and drainer, integrated over and hob with extractor over, space to two fridge/freezers, breakfast bar, radiator and double glazed window.
Utility Room 9,9 x 10,7
With work surface, plumbing for washing machine, space for dryer, radiator door and double glazed window to the side.
Bedroom One 11,10 x 12,11
Double glazed window and radiator door to ensuite shower room with three piece suite.
Bedroom Two 8.8 x 10,1
Double glazed window, radiator and doors to ensuite bathroom.
First Floor Landing
A semi galleried landing with potential to create a loft conversion ( subject to permission/regs etc ), double glazed window to the side and access to a boiler room with large capacity hot water tank.
Bedroom Three 12 x 11,2
Double glazed window and radiator door to ensuite shower room with three piece suite.
Bedroom Four 13,1 x 12,1
Double glazed window and radiator door to ensuite shower room with three piece suite.
Bedroom Five
Double glazed window and radiator door to ensuite shower room with three piece suite.
Outside
The property benefits from a low maintenance courtyard and off road parking for three vehicles currently allocated to rooms 2,3 and 5 accessed via Commerce Street.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
An excellent opportunity for an investors to acquire a well-established five ensuite bedroom licenced HMO with off road parking in a popular and convenient location close to Derby City and Pride Park.
Description
An excellent opportunity for an investors to acquire a well-established five ensuite bedroom licenced HMO in a popular and convenient location close to Derby City and Pride Park. The property is to be sold with the current tenants in situ with a monthly rental income of £2000 give a gross yield of circa 8%. The superbly maintained accommodation in brief comprises a entrance hallway, modern well equipped communal kitchen, two ground ensuite bedrooms and large utility room. To the first floor can be found three further ensuite bedrooms and boiler/storage room. There is also potential for a loft conversion to create a sixth lettable room ( subject to permission, building regs etc ). Outside can be found a low maintenance courtyard are and three off road parking spaces accessed via Commerce Street. The property is well placed for access to local amenities, Derby City, Rolls Royce, Bombardier and local road links including the A52 leading to the M1.
Accommodation
Entrance Hallway
Accessed via Upvc entrance door, stairs to first floor, radiator and double glazed window.
Communal Kitchen 11,11 x 12,1
Well equipped with matching wall and base units, work surfaces with inset sink and drainer, integrated over and hob with extractor over, space to two fridge/freezers, breakfast bar, radiator and double glazed window.
Utility Room 9,9 x 10,7
With work surface, plumbing for washing machine, space for dryer, radiator door and double glazed window to the side.
Bedroom One 11,10 x 12,11
Double glazed window and radiator door to ensuite shower room with three piece suite.
Bedroom Two 8.8 x 10,1
Double glazed window, radiator and doors to ensuite bathroom.
First Floor Landing
A semi galleried landing with potential to create a loft conversion ( subject to permission/regs etc ), double glazed window to the side and access to a boiler room with large capacity hot water tank.
Bedroom Three 12 x 11,2
Double glazed window and radiator door to ensuite shower room with three piece suite.
Bedroom Four 13,1 x 12,1
Double glazed window and radiator door to ensuite shower room with three piece suite.
Bedroom Five
Double glazed window and radiator door to ensuite shower room with three piece suite.
Outside
The property benefits from a low maintenance courtyard and off road parking for three vehicles currently allocated to rooms 2,3 and 5 accessed via Commerce Street.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
