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

>

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

Nottingham Road, Derby DE21
£210,000

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
24/04/25 £207,000
01/05/25 £203,000
04/06/25 £210,000
Price Change -4.55%

Description

This 6-bedroom home in Derby is an attractive investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £23,520, but with a new owner, the potential rental income could increase to £34,020 with the existing long-term tenants remaining in place. The property is well-maintained and features 6 bedrooms, 2 bathrooms, a lounge, and a kitchen. The current tenants have been paying rent consistently for several years and have no intention of moving out, making it an attractive proposition for investors. With a purchase price that will yield a worthwhile return, this property is a great addition to any investment portfolio.