5 bedroom terraced house

Wood Street, Ilkeston, Derby, DE7 8GE

Size: 95 sqm

SSTC

Size: 95 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent SSTC
Lettings fees SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

FULLY OCCUPIED HMO, 9.55% NET, LONG TERM TENANTS, CENTRAL LOCATION, DEVELOPMENT POTENTIAL TO ADD 2 FURTHER ROOMS


ATTENTION INVESTORS, this fully tenanted HMO property offers a fantastic return of 9.55% net. Situated in an ideal location close to local amenities and transport links, it’s also just a short drive from the Peak District National Park.

Upon entering the property there is a large room to your right which benefits from a large window to the front of the property allowing light to flood in. As you follow the hallway towards the rear you have a second double bedroom on the right with views over the garden, which is accessed through the large and spacious kitchen, which completes the ground floor. The garden is in excess of 100 feet long with a lawn and paved seating area outside the back door.

Back into the main hallway the stairs take you to a spacious landing area where the 2 modern bathrooms are located to the back of the house. Towards the front there are 3 further bedrooms, all generous sizes with large double glazed windows. Period features can be seen throughout the property from the detailing on the brick work outside to the ceilings inside. One thing which is in abundance is that there is significant development potential here, both to extend to the rear and also up into the huge loft which could comfortably contain a further 2 bedrooms.

The property is fully tenanted until 2021 and all tenants have indicated a desire to stay long term.

Derbyshire is a great place to invest with its high yields and even higher rental demand. This is due to the county’s central location, access to 5 of the UK’s biggest cities and the large companies such as Rolls Royce, Nestle, Toyota and JCB which have already made major investments in the area, creating hundreds of jobs. Interest in this property is high so enquire today to avoid disappointment!

Don’t hesitate to contact with any further questions.

Interested in this property? Enquire today for more information

Key features

Key features

9.55% NET RETURN

Key features

Long Term Tenants

Key features

Fully Occupied HMO

Key features

Large Rooms

Key features

Development Potential

Key features

Modern Bathrooms

Key features

Large Garden

Key features

Close to Amenities

Key features

Central Location

Key features

Fitted Kitchen

Key features

Freehold

FULLY OCCUPIED HMO, 9.55% NET, LONG TERM TENANTS, CENTRAL LOCATION, DEVELOPMENT POTENTIAL TO ADD 2 FURTHER ROOMS More info...

ATTENTION INVESTORS, this fully tenanted HMO property offers a fantastic return of 9.55% net. Situated in an ideal location close to local amenities and transport links, it’s also just a short drive from the Peak District National Park.

Upon entering the property there is a large room to your right which benefits from a large window to the front of the property allowing light to flood in. As you follow the hallway towards the rear you have a second double bedroom on the right with views over the garden, which is accessed through the large and spacious kitchen, which completes the ground floor. The garden is in excess of 100 feet long with a lawn and paved seating area outside the back door.

Back into the main hallway the stairs take you to a spacious landing area where the 2 modern bathrooms are located to the back of the house. Towards the front there are 3 further bedrooms, all generous sizes with large double glazed windows. Period features can be seen throughout the property from the detailing on the brick work outside to the ceilings inside. One thing which is in abundance is that there is significant development potential here, both to extend to the rear and also up into the huge loft which could comfortably contain a further 2 bedrooms.

The property is fully tenanted until 2021 and all tenants have indicated a desire to stay long term.

Derbyshire is a great place to invest with its high yields and even higher rental demand. This is due to the county’s central location, access to 5 of the UK’s biggest cities and the large companies such as Rolls Royce, Nestle, Toyota and JCB which have already made major investments in the area, creating hundreds of jobs. Interest in this property is high so enquire today to avoid disappointment!

Don’t hesitate to contact with any further questions.

  • Key features
    Tick Desktop 9.55% NET RETURN
    Tick Desktop Long Term Tenants
    Tick Desktop Fully Occupied HMO
    Tick Desktop Large Rooms
    Tick Desktop Development Potential
    Tick Desktop Modern Bathrooms
    Tick Desktop Large Garden
    Tick Desktop Close to Amenities
    Tick Desktop Central Location
    Tick Desktop Fitted Kitchen
    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 SSTC
Lettings fees SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

*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.