5 bed end terrace house

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5 bed end terrace house

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.