6 bedroom hmo

Hoult Street, Derby DE22 3NQ

Size: 99.2 sqm

SSTC

Size: 99.2 sqm

Tenanted

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

Yieldit are pleased to bring to the market this fantastic example of a licensed HMO which is currently let to a company until 29/05/2022 and generating an impressive NET income of £25,750.32 per annum. The end terraced, freehold property is newly refurbished and impeccably decorated throughout, and compromises of six 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 large garden 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 LICENSED HMO PROPERTY! This excellent 6 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

LICENSED HMO WITH COMPANY LEASE

Key features

READY MADE INVESTMENT GENERATING A 9.20% NET YIELD

Key features

END TERRACED FREEHOLD PROPERTY

Key features

WELL PRESENTED AND NEWLY REFURBISHED

Key features

6 GOOD SIZED BEDROOMS

Key features

3 BATHROOMS

Key features

LARGE REAR GARDEN

Key features

MODERN FITTED KITCHEN

Key features

WITHIN EASY REACH OF DERBY CITY CENTRE

Key features

DRIVEWAY

Key features

Freehold

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS LICENSED HMO PROPERTY! This excellent 6 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 to a company until 29/05/2022 and generating an impressive NET income of £25,750.32 per annum. The end terraced, freehold property is newly refurbished and impeccably decorated throughout, and compromises of six 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 large garden 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 LICENSED HMO WITH COMPANY LEASE
    Tick Desktop READY MADE INVESTMENT GENERATING A 9.20% NET YIELD
    Tick Desktop END TERRACED FREEHOLD PROPERTY
    Tick Desktop WELL PRESENTED AND NEWLY REFURBISHED
    Tick Desktop 6 GOOD SIZED BEDROOMS
    Tick Desktop 3 BATHROOMS
    Tick Desktop LARGE REAR GARDEN
    Tick Desktop MODERN FITTED KITCHEN
    Tick Desktop WITHIN EASY REACH OF DERBY CITY CENTRE
    Tick Desktop DRIVEWAY
    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
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.