Walbrook Road, Derby DE23 5 bed house of multiple occupation for sale

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Walbrook Road, Derby DE23 5 bed house of multiple occupation for sale

Walbrook Road, Derby, DE23
£200,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 5-bedroom mid-terraced house in Derby is currently being used as a House of Multiple Occupancy (HMO) and is generating an annual gross income of £20,160. The property is located within walking distance of various amenities and offers a fantastic opportunity for investors to generate strong rental returns. With 5 bedrooms, a lounge, kitchen, bathrooms, and a back garden, the property has plenty of space for tenants. The current tenants are already in place, making it a straightforward investment opportunity. The property's potential rental income, combined with its purchase price, makes it a worthwhile addition to any investor's portfolio.