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7 bedroom detached house for sale
Uttoxeter Old Road, Derby
£379,999
Uttoxeter Old Road, Derby
£379,999
Our Summary
- This is a superb investment opportunity to acquire a seven bedroom, detached, fully en-suite house of multiple occupancy (HMO) located in a highly convenient part of Derby
- Please note we believe there is potential to increase rents and thus the gross yield
- Ideal for a Range of Potential Tenants
- Superb Investment Opportunity
Description
This seven-bedroom detached house in Derby is a lucrative investment opportunity, generating an annual income of £42,120, equivalent to a gross yield of approximately 10.5%. The property features a communal entrance hall, shared kitchen, lounge area, and conservatory, as well as seven en-suite bedrooms across three floors. The property also boasts a driveway with off-road parking for at least three vehicles and a low-maintenance garden. Located on Uttoxeter Old Road, the property offers easy access to Derby city center, Royal Derby Hospital, and Derby University, as well as nearby transport links and parks. With potential to increase rents and yields, this property presents a solid investment opportunity for those looking to generate a steady income stream.