Property Description

A freehold residential investment opportunity to acquire a six bedroomed HMO property arranged over three floors currently let at £20,400 per annum until 9th September 2021 when the property will become vacant. We are informed by the seller the property was also previously rented as student accommodation at £70 per room on a 48 week contract, this equating to an income of £20,160 per annum. In brief the property offers neutral decor with gas central heating and comprises entrance hallway with staircase to first floor, two double bedrooms, a generous sized fitted dining kitchen with built in appliances and door to cellar. To the first floor the split level landing leads to three double bedrooms, bathroom, separate shower room and an attic room/bedroom six with views across Derby. The property is set nicely back from the road on an elevated position with low maintenance fore garden and an easy to manage rear garden. The property is surrounded by similar style properties and is always a popular choice with landlords/investors locally and nationally.

Entrance Hall

Entered by door to front, stairs to first floor, laminate floor covering, moulded coving to ceiling with original archway and central heating radiator.

Bedroom One 14ft 2 into chimney recess x 14ft into bay

With bay sash window to the front elevation, television aerial lead, laminate floor covering, moulded coving to ceiling and central heating radiator.

Bedroom Two 13ft 10 x 11ft 9 into chimney recess

With multi paned sash window to the rear elevation, laminate floor covering, television point and central heating radiator.

Dining Kitchen 21ft 2 reducing to 18ft 9 x 11ft 3 into chimney recess

With multi paned window to the side elevation and door leading out into the garden. The fitted kitchen comprises a comprehensive range of wall mounted cupboards with matching base units, drawers, preparation surface, stainless steel sink and drainer with splashback tiling. Integrated appliances comprise a stainless steel electric oven with a four ring gas hob, cooker hood over, plumbing for washing machine, laminate floor covering, door to cellar and central heating radiator.

First Floor Split Level Landing

With loft access, central heating radiator, two useful storage cupboards and staircase to the attic room/bedroom.

Bedroom Three 12ft 3 x 11ft 5 into chimney recess

With uPVC double glazed window to the rear elevation, extractor fan, ornate cast iron fireplace and central heating radiator.

Bedroom Four 14ft 3 x 13ft 5 into chimney recess

With multi paned window to the rear elevation and central heating radiator.

Bedroom Five 13ft 6 into chimney recess x 13ft

With multi paned window to the front elevation, ornate cast iron open fireplace, moulded coving to ceiling and central heating radiator.

Bathroom 9ft 9 x 5ft 10

Fitted with a four piece suite comprising a panelled bath with quadrant shower tray, low level wc, pedestal wash hand basin, tiling to the walls, extractor fan and central heating radiator.

Shower Room 6ft x 5ft 9

With an obscure glazed window to the side elevation and roof light. Comprising a shower cubicle, low level wc, pedestal wash hand basin, tiling to walls and central heating radiator.

Loft Room/Bedroom Six 19ft 9 x 13ft 10 restricted height

With two roof lights, laminate floor covering and central heating radiator.

Outside

The property is set nicely back from the road behind a purpose built retaining wall with a pea-gravelled fore garden and quarry tiled flooring leads to the front entrance door. There is a shared passage providing access to the enclosed and mostly walled rear garden.

Tenure

Freehold

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