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Nottingham Road, Derby DE21 6 bed house of multiple occupation for sale
Nottingham Road, Derby, DE21
£207,000
Nottingham Road, Derby, DE21
£207,000
Our Summary
- For greater detail on this property's investment potential, please see the Let Property Pack linked below
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Description
This 6-bedroom home in Derby is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bathrooms, a lounge, and a kitchen, with a current annual gross income of £23,520. However, with some minor adjustments, the property could generate a market rate of £34,020, making it a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and have no intentions to move out, providing a stable and predictable income stream. With its proximity to valuable amenities and potential for increased rental returns, this property is an attractive option for investors seeking a rewarding investment opportunity.