6 bedroom house of multiple occupation for sale

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6 bedroom house of multiple occupation for sale

Nottingham Road, Derby DE21
£220,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below

Description

This 6-bedroom home in Derby is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 2 bathrooms, a lounge, and a kitchen. Currently, it generates an annual gross income of £23,520, but with long-term tenants already in place, the new owner could increase the rent to a market rate of £34,020. The property's location is close to valuable amenities, making it an attractive option for tenants. The current tenants have been living in the property for several years and have consistently paid their rent, with no intention of moving out. With a worthwhile return on investment, this property is an excellent addition to any portfolio.
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