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Manchester Street, Derby, Derbyshire... 5 bed terraced house for sale
Manchester Street, Derby, Derbyshire, DE22 3GD
£260,000
Manchester Street, Derby, Derbyshire, DE22 3GD
£260,000
Our Summary
- This prime location adds to the property’s investment potential, ensuring a continued demand from tenants
- Arrange your viewing today to avoid missing out on this exceptional investment opportunity
- Unique HMO Investment Opportunity, Not To Be Missed
Description
This five-bedroom property in Manchester Street, Derby, presents a unique investment opportunity with a high-yield HMO investment. Currently achieving an exceptional yield of 11.56% and an annual income of circa £30,000, the property is designed for modern living with five spacious double bedrooms, each with its own en-suite bathroom. The interior has been meticulously maintained and upgraded, ensuring a contemporary feel throughout. The property's layout is functional and easy to maintain, with a washing machine situated in the under stairs cupboard. Situated in one of Derby's most sought-after locations, the property benefits from excellent transport links, proximity to local amenities, and easy access to educational institutions and employment hubs. With its strong market appeal, impressive yield, and minimal void periods, this property is an opportunity not to be overlooked for investors looking to expand their portfolio.