5 Bed HMO, Derby, DE24 8WJ £260,000

• Fully tenanted professional house share +
• Five bedrooms, all with ensuite +
• Generating £30,000 per annum +
• Ideally suiting the investor +
• Great addition to a landlords portfolio +
• Council tax band A +
• EPC band C +
• Freehold +
• Currently managed by Martin and Co +
• Converted to a HMO circa 2018 +

THE PROPERTY Fully tenanted five bedroom HMO generating an annual income of £30,000.

The property was converted to a high standard in 2018, each room benefitting from ensuite facility.

We have been advised that the bills are as follows -

Gas, electric and water - £3600 annually on average
Council tax - £156 per calendar month

Situated close to London Road the property benefits from good transport links to Derby City Centre and East Midlands Airport. Close to local shops, pubs, takeaways and Pride Park this is an ideal spot for working professional tenants. Each room is currently let for £500 and rent includes utilities.

ROOM 1
11' 3" x 8' 10" (3.43m x 2.70m)
ROOM 2
10' 7" x 9' 10" (3.25m x 3.02m)
ROOM 3
10' 11" x 9' 11" (3.35m x 3.04m)
ROOM 4
11' 8" x 9' 0" (3.56m x 2.75m)
ROOM 5
14' 4" x 10' 7" (4.37m x 3.24m)
ENSUITE 1
7' 8" x 2' 8" (2.36m x 0.82m)
ENSUITE 2
7' 1" x 2' 9" (2.18m x 0.84m)
ENSUITE 3
4' 9" x 2' 9" (1.47m x 0.85m)
ENSUITE 4
5' 2" x 4' 7" (1.60m x 1.41m)
ENSUITE 5
6' 6" x 6' 3" (1.99m x 1.92m)
KITCHEN
12' 2" x 11' 7" (3.71m x 3.55m)