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Nottingham Road, Derby DE21 6 bed house of multiple occupation for sale
Nottingham Road, Derby DE21
£184,000
Nottingham Road, Derby DE21
£184,000
Price History
Initial price | £220,000 |
06/12/24 | £210,000 |
14/12/24 | £206,000 |
21/12/24 | £200,000 |
24/12/24 | £196,000 |
03/01/25 | £193,000 |
10/01/25 | £190,000 |
17/01/25 | £187,000 |
01/02/25 | £184,000 |
Price Change | -16.36% |
Description
This 6-bedroom home in Derby is a lucrative investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two bathrooms, a lounge, and a kitchen. It currently generates an annual gross income of £23,520, but with some adjustments, the new owner could increase this to a market rate of £34,020. The current tenants, who have been living in the property for several years, are willing to stay on, providing a stable and consistent rental income. With a purchase price that makes for a worthwhile addition to an investor's portfolio, this property is a fantastic opportunity for those looking to maximize their returns.