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5 bed end terrace house
Brighton Road, Alvaston, Derby DE24 8Tf,
£320,000
Brighton Road, Alvaston, Derby DE24 8Tf,
£320,000
Price History
Initial price | £425,000 |
28/11/24 | £335,000 |
11/12/24 | £320,000 |
Price Change | -24.71% |
Description
This five-bedroom end-terrace property in a popular location offers a unique investment opportunity. The ground floor features two commercial units, one of which is currently tenanted until December 2024, generating potential rental income. The property also has conversion potential, with approximately 1800 square feet of space, making it suitable for a House of Multiple Occupation (HMO) or residential property, subject to planning consents. The first floor has five bedrooms, including a large room with a kitchenette, en-suite facility, and sitting area, ideal for a self-contained apartment. The property also features a family bathroom, a living room, kitchen, and a cellar. The rear garden is enclosed and has a useful outbuilding with a fully plumbed WC. With its potential for conversion and rental income, this property is not to be missed for investors looking to capitalize on the rental market.