Nottingham Road, Derby DE21 6 bed house of multiple occupation for sale

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Nottingham Road, Derby DE21 6 bed house of multiple occupation for sale

Nottingham Road, Derby, DE21
£200,000

Price History

Initial price £220,000
06/12/24 £210,000
14/12/24 £206,000
20/12/24 £200,000
Price Change -9.09%

Description

This 6-bedroom home in Derby is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bathrooms, a lounge, and a kitchen. Currently, it produces an annual gross income of £23,520, which could be increased to £34,020 with long-term tenants already in situ. The tenants have been consistently paying rent for several years and have no plans to move out, making it an attractive option for investors. With a purchase price that offers a worthwhile return, this property is a great addition to any portfolio.