6 bedroom house of multiple occupation for sale

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6 bedroom house of multiple occupation for sale

Empress Road, Derby, Derbyshire
£460,000

Our Summary

  • Attractive High-Yield HMO Investment Opportunity Property Address: 70 Empress Road, Derby, DE23 6TE Property Type: 6-Unit HMO comprising of 5 Studios and 1 Ensuite Room (Licensed for 8 People - 2 Rooms are Double Occupancy) Professionally Managed by: Number 1 Rooms Prime Location in Derby’s Thriving Rental Market Derby, a key city in the East Midlands, presents a strong investment case, particularly for HMO properties
  • Conclusion The property at 70 Empress Road, Derby, represents an excellent investment opportunity, offering high rental yields and benefiting from Derby’s thriving economy and strategic location

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph without a list: This attractive high-yield HMO investment opportunity is located in Derby, a key city in the East Midlands with a strong rental market. The 6-unit HMO, comprising 5 studios and 1 ensuite room, is professionally managed by Number 1 Rooms and benefits from proximity to major employers and local amenities, ensuring strong demand from professionals and students. The property generates a gross yield of 11.22% and a net yield of 8.16%, with low operating costs and consistent tenant demand. Derby is undergoing significant regeneration efforts, which is expected to drive up property values and attract further investment, making this property well-positioned for capital growth and increased demand in the future.
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