124 Uttoxeter New Road, Derby... 6 bed semi

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124 Uttoxeter New Road, Derby... 6 bed semi

124 Uttoxeter New Road, Derby, Derbyshire DE22 3JB
£215,000

Our Summary

  • Auction Date Commencing on Monday 18th August at 1pm and ending 24 hours later on Tuesday 19th August at 1pm with Auction House Notts and DerbyPlease register to bid via our website - auctionhouse
  • )), the expected rental for the property as a whole has the potential to achieve in excess of £37,000PA
  • (subject to necessary consents)
  • Subject to planning consents there is potential to remodel the property to increase the number of bedrooms

Description

This six-bedroom house in Derby is currently presented as a HMO and is being sold at auction. The property is in fairly good order throughout and has a potential annual rental income of over £37,000, based on each room being let at £519 per month. The property has a living room, bedroom, kitchen, and shower area on the ground floor, with five bedrooms and a communal toilet on the first floor. Each bedroom has its own washbasin and fitted fire doors. The kitchen has two sink units and space for two electric cookers, and there are two shower cubicles and a door to the rear garden. The property has a gravelled driveway and side access to the rear garden, and although it is leasehold, no service charge is payable. The ground rent is £500 per annum, and there are 81 years remaining on the lease. The property has an EPC rating of D and is being sold with an administration fee of £3600 inc VAT payable on exchange of contracts.