9 bedroom semi-detached house for sale

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9 bedroom semi-detached house for sale

Burton Road, Derby
£520,000

Our Summary

  • Full planning consent for the existing use and licenced to house multiple occupation(Ref - M100823) from 22/08/2023 - 21/07/2028Council tax band EGround Floor : -HallwayRoom 1 (3

Description

This 9-bedroom property, located near Derby city centre, is a lucrative investment opportunity generating an annual rental income of £47,800 and a gross yield of 9.25%. The freehold property has vacant possession or is available with existing tenants and comes with full planning consent for its current use as a 12-person HMO. The property features 9 bedrooms, each with an en-suite bathroom, as well as shared kitchen and living areas. Additionally, there is a utility room, separate access to the lower ground floor, and parking available to the rear of the building. The property is an ideal investment for those seeking high rental returns in a prime location.
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