6 bedroom semi-detached house

Cheviot Street, Derby, DE22 3EX

Size: 110 sqm

Purchase price

£300,000

Size: 110 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £33,000
Net income £28,063
Gross yield 11%
Net yield 9.35%

yieldit are proud to bring to the market this immaculately presented and fully licensed HMO. The property if offered fully furnished and has been finished to an impeccable standard throughout, it has six good sized bedrooms which are carpeted with double beds, one en-suite shower room and two communal bathrooms. The kitchen has been completed to an excellent standard is fully-fitted with integrated appliances and a breakfast bar. The external areas of the semi-detached property include a front garden, rear yard and a driveway providing ample off-road parking.

The property is in an ideal 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 FULLY LICENSED HMO YIELDING ABOVE 9% NET! Luxury six bedroom, three bathroom HMO offered fully furnished - don't miss out and enquire today.

Interested in this property? Enquire today for more information

Key features

Key features

Generate instant income

Key features

NET yield above 9%

Key features

Six good sized bedrooms

Key features

Three bathrooms

Key features

Completed to a high standard throughout

Key features

High gloss kitchen with integrated appliances

Key features

Front garden, back yard and driveway

Key features

Excellent location

Key features

Freehold

ATTENTION INVESTORS - GENERATE INSTANT INCOME ON THIS FULLY LICENSED HMO YIELDING ABOVE 9% NET! Luxury six bedroom, three bathroom HMO offered fully furnished - don't miss out and enquire today. More info...

yieldit are proud to bring to the market this immaculately presented and fully licensed HMO. The property if offered fully furnished and has been finished to an impeccable standard throughout, it has six good sized bedrooms which are carpeted with double beds, one en-suite shower room and two communal bathrooms. The kitchen has been completed to an excellent standard is fully-fitted with integrated appliances and a breakfast bar. The external areas of the semi-detached property include a front garden, rear yard and a driveway providing ample off-road parking.

The property is in an ideal 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 NET yield above 9%
    Tick Desktop Six good sized bedrooms
    Tick Desktop Three bathrooms
    Tick Desktop Completed to a high standard throughout
    Tick Desktop High gloss kitchen with integrated appliances
    Tick Desktop Front garden, back yard and driveway
    Tick Desktop Excellent location
    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 £33,000
Net income £28,063
Gross yield 11%
Net yield 9.35%

*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.