8 bedroom semi-detached house for sale

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8 bedroom semi-detached house for sale

Uttoxeter New Road, Derby
£795,000

Our Summary

  • AN EXCITING INVESTMENT OPPORTUNITY, to acquire two substantial, three-storey Villa-style residences, within walking distance of the city centre and amenities, and on the main bus route to the Royal Derby Hospital
  • However, a number of the monthly rentals are historically low, and there is scope for rental increase
  • Exciting Investment Opportunity
  • Potential for Rental Growth

Description

This is an exciting investment opportunity to acquire two substantial, three-storey Villa-style residences, located within walking distance of Derby city centre and amenities, and on the main bus route to the Royal Derby Hospital. The properties have undergone an extensive refurbishment scheme in recent years and feature double glazing and either gas or electric central heating. Each property has three one-bedroomed flats on three floors, with a further two two-storey maisonettes to the rear. The flats have modern living dining kitchens, double bedrooms, and either shower rooms or bathrooms. The properties also have a foregarden and side access to three parking spaces and a brick bike and bin store. The current income is around £60,000 per annum, with scope for rental increases. The properties are let exclusively, with tenants responsible for council tax, gas, electric, and water. The location offers easy access to the city centre and amenities, as well as the ring road system and major roads for commuting. Viewings are strictly by prior appointment with the sole agents, Gadsby Nichols.