6 bedroom Terraced House in Derby
110 Osmaston Road, Derby DE1 2RD
- Lot No: 36
- Property Type: Terraced House
- Contract Type: Unconditional with Fixed Fee
Guide Price* £175,000+ plus fees
Result Sold at Auction £230,000
Property Description
DRAFT DETAILS Situated opposite the new Nightingale development and within short walking distance of the city centre is an attractive six bedroomed three storied Georgian town house offered with full vacant possession as from 23rd May 2022. One tenant currently remains and is due to vacate on 23rd May 2022. The property is a fully licenced HMO and if it were to be let at £88 per room, this would produce to an income of £27,456 per annum and would represent an impressive 15.6% return based on the guide price. The generous sized character accommodation has the benefit of uPVC double glazing, gas central heating (where stated) and in brief comprises entrance hall with two sitting rooms, lobby with wc, dining room, fitted kitchen with utility and wc. To the first floor split level landing, on the lower part of the landing there is a shower room and separate bathroom. On the first floor there are three bedrooms. To the second floor landing there are three bedrooms and a kitchenette. Outside to the rear there is an enclosed garden. The sale provides a genuine opportunity for the discerning purchaser looking to acquire an excellent residential investment opportunity being offered for sale at a very attractive guide price. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Tenure
Freehold
Auction Details
Lot Information
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