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5 bedroom terraced house for sale
36 Stockbrook Road, Derby, Derbyshire, DE22 3PJ
£265,000
36 Stockbrook Road, Derby, Derbyshire, DE22 3PJ
£265,000
Our Summary
- FOR SALE BY ONLINE AUCTION - A partially let five bedroom terrace house arranged as a five bedroom all ensuite HMO with a potential rental income of £31,112 when fully tenanted Description Freehold terrace house 5 ensuite bedroom tenanted HMO Open plan living room and kitchen Benefits from a rear garden Popular rental area close to major employment drivers - Rolls-Royce, Toyota, and the University of Derby attract professionals and students
- Planning Planning granted through Derby City Council, Ref: 21/01814/FUL (20-10-2021) Planning granted for change of use from a small house in multiple occupation (Use Class C4) to a house in multiple occupation for up to seven occupants (Sui Generis Use) HMO Compliance - HMO License - EICR - Gas Safety Certificates - Fire Risk Assessment - Emergency Lighting Test - Fire Alarm Test Certificate - Planning Permission
Description
This partially let five-bedroom freehold terrace house in Derby is a lucrative HMO opportunity, with a potential rental income of £31,112 when fully tenanted. The property features five ensuite bedrooms, an open-plan living room and kitchen, and a rear garden. Currently, the property generates £18,512 per annum, with rooms still available for rent. Located on Stockbrook Road, the property is close to major employment drivers such as Rolls-Royce, Toyota, and the University of Derby, making it an attractive option for professionals and students. The property has been licensed and fully managed, with all necessary HMO compliance documents in place, including an HMO license, EICR, gas safety certificates, fire risk assessment, and more. Planning permission has been granted for a change of use from a small HMO to a larger one, allowing for up to seven occupants.