6 bedroom house of multiple occupation for sale

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6 bedroom house of multiple occupation for sale

Nottingham Road, Derby, DE21
£196,000

Price History

Initial price £220,000
06/12/24 £210,000
14/12/24 £206,000
20/12/24 £200,000
24/12/24 £196,000
Price Change -10.91%

Description

This 6-bedroom home in Derby is a fantastic investment opportunity for those looking to expand their portfolio. The property is already generating a strong annual gross income of £23,520, with potential to increase to £34,020 with long-term tenants currently in situ. The property itself is well-kept and features 6 bedrooms, 2 bathrooms, a lounge, and kitchen. With a tenant already situated, the new owner can benefit from a smooth transition and minimal disruption. The property's investment potential is further highlighted by its proximity to valuable amenities, making it an attractive option for those seeking a rewarding rental return. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is sure to generate significant returns.