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6 bedroom end of terrace house for sale
Livingstone Road, Derby, Derbyshire
£425,000
Livingstone Road, Derby, Derbyshire
£425,000
Our Summary
- 1 Livingstone Road, Derby, is a prime investment opportunity in the DE23 area, offering a fully tenanted 6-bed, 6-bath HMO designed by an experienced architect and managed locally for a hands-free investment
- DE23 benefits from ongoing urban regeneration, enhancing the area's potential for capital appreciation
- 43%, showcasing its potential as a strong investment opportunity
Description
HMO Sales Expert presents a prime investment opportunity in Derby's DE23 area, offering a fully tenanted 6-bed, 6-bath HMO designed by an experienced architect and managed locally for a hands-free investment. The property generates a gross annual income of £49,200, with a net income of £35,814, delivering a gross yield of 11.58% and a net yield of 8.43%. The property is well-maintained, catering to working professionals, and is situated in a vibrant community with excellent transport links and proximity to major employers. The area benefits from ongoing urban regeneration, enhancing the property's potential for capital appreciation. With no buyer fees or reservation costs, this property offers a secure and attractive addition to any investment portfolio.