5 bedroom end terraced house

Hoult Street, Derby DE22 3NQ

Size: 110 sqm

Purchase price

£290,000

Size: 110 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £27,480
Net income £22,812
Gross yield 9.48%
Net yield 7.87%

Yieldit are pleased to bring to the market this fantastic example of a licensed HMO which is currently let generating an impressive NET income of £21,957 per annum. The end terraced, freehold property is newly refurbished and impeccably decorated throughout, and compromises of five good sized bedrooms, three bathrooms, a modern fully-fitted kitchen complete with appliances and a reception room. The external areas of the property include a rear yard to the rear and a driveway to the front which provides ample off road parking.

The property is in an enviable location, being within easy reach of Derby City centre and all the necessary local amenities. It makes the ideal let for working professionals being just a 10-20 minute walk to the town centre and a short drive to Derby Hospital and Derby University. Derby has excellent transport links by road and it is well served by rail having direct services to Nottingham, Leicester, Sheffield, Leeds, Birmingham and London making it an ideal location for renters and commuters alike.

The construction of the HS2 route in Derbyshire will strengthen the North’s links with the South and experts anticipate that it’s construction will create thousands of jobs, provide a boost to the economy, create local opportunities as well as of course, improving journey times.

The area of DE22 is increasingly popular, it recorded 627 transactions over the last 12 months which is 262.1% higher than the national average and it’s 2 year price growth is 1.6 times the national average (Mouseprice). In addition to this, house prices in the area have increased by 10% since 2019, meaning now is the perfect time invest. Don’t miss out and enquire today to discuss with our property consultants.

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS EXCELLENT LICENSED HMO PROPERTY! This 5 bedroom end terraced property is ideally situated close to Derby City centre. Enquire today to avoid disappointment.

Interested in this property? Enquire today for more information

Key features

Key features

Generate instant income

Key features

Luxury licensed HMO

Key features

Five good-sized bedrooms

Key features

Three bathrooms

Key features

Finished to an excellent standard throughout

Key features

End terrace

Key features

Driveway

Key features

Rear yard

Key features

Fantastic location and transport links

Key features

Impressive NET yield above 7%

Key features

Freehold

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS EXCELLENT LICENSED HMO PROPERTY! This 5 bedroom end terraced property is ideally situated close to Derby City centre. Enquire today to avoid disappointment. More info...

Yieldit are pleased to bring to the market this fantastic example of a licensed HMO which is currently let generating an impressive NET income of £21,957 per annum. The end terraced, freehold property is newly refurbished and impeccably decorated throughout, and compromises of five good sized bedrooms, three bathrooms, a modern fully-fitted kitchen complete with appliances and a reception room. The external areas of the property include a rear yard to the rear and a driveway to the front which provides ample off road parking.

The property is in an enviable location, being within easy reach of Derby City centre and all the necessary local amenities. It makes the ideal let for working professionals being just a 10-20 minute walk to the town centre and a short drive to Derby Hospital and Derby University. Derby has excellent transport links by road and it is well served by rail having direct services to Nottingham, Leicester, Sheffield, Leeds, Birmingham and London making it an ideal location for renters and commuters alike.

The construction of the HS2 route in Derbyshire will strengthen the North’s links with the South and experts anticipate that it’s construction will create thousands of jobs, provide a boost to the economy, create local opportunities as well as of course, improving journey times.

The area of DE22 is increasingly popular, it recorded 627 transactions over the last 12 months which is 262.1% higher than the national average and it’s 2 year price growth is 1.6 times the national average (Mouseprice). In addition to this, house prices in the area have increased by 10% since 2019, meaning now is the perfect time invest. Don’t miss out and enquire today to discuss with our property consultants.

  • Key features
    Tick Desktop Generate instant income
    Tick Desktop Luxury licensed HMO
    Tick Desktop Five good-sized bedrooms
    Tick Desktop Three bathrooms
    Tick Desktop Finished to an excellent standard throughout
    Tick Desktop End terrace
    Tick Desktop Driveway
    Tick Desktop Rear yard
    Tick Desktop Fantastic location and transport links
    Tick Desktop Impressive NET yield above 7%
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £27,480
Net income £22,812
Gross yield 9.48%
Net yield 7.87%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.