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5 bedroom house of multiple occupation for sale
Kedleston Road, Derby, Derbyshire, DE22
£535,000
Kedleston Road, Derby, Derbyshire, DE22
£535,000
Our Summary
- Current combined revenues are around £44500 per annum, with scope for future increase
Description
This substantial property, located on Kedleston Road in Derby, offers a unique investment opportunity with a combined commercial and residential aspect. The commercial unit, which has been a post office for decades, is subject to a recently signed lease, while the residential aspect has been let to various groups, including students and Rolls Royce employees. The property features a secure customer entrance, customer area, post master area, storage, and W/C, as well as residential accommodation with five bedrooms, three en-suite shower rooms, a kitchen, and a lounge area. The property also has a pleasant courtyard garden and benefits from external wall insulation, with an EPC rating of C. The combined revenues of the property are around £44,500 per annum, with scope for future increase. Derby is a major commercial centre with a strong presence of technical infrastructure and engineering companies, as well as a thriving university and postgraduate education sector.