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10 bedroom detached house for sale
Swinburne Street, Derby, Derbyshire, DE1
£525,000
Swinburne Street, Derby, Derbyshire, DE1
£525,000
Our Summary
- Established and licensed nine room HMO in the city centre generating an annual gross income of £49,320 which comes with the additional bonus of further potential development of a large existing outbuilding which is currently a garage, meeting hall and store room but could potentially become an additional rooms or flats (subject to planning)
- Estabished investment opportunity
- Outbuilding with potential for development
Description
This impressive double-fronted detached house in the city centre is a licensed HMO, generating an annual gross income of £49,320. The property boasts ten bedrooms, two kitchens, a conservatory, and a basement reception room, spread across three floors. The property also comes with a large outbuilding at the rear, currently used as a garage, meeting hall, and store room, which has potential for further development into additional rooms or flats, subject to planning. The property features gas central heating, double glazing, and over 2900 square feet of accommodation. With a driveway and garage to the front, and an enclosed garden to the rear, this property offers a unique opportunity for investors or developers to capitalize on its potential.