Property for sale in Derby DE24, 5 Bedroom

This property is a 5 bed hmo and breifly comprises 5 bedrooms, 2 bathrooms and one spacious communal kitchen.

* Fully let at £1905 per month (£22,860 per annum), including bills and furnished.
* Three rooms are let at £385 pcm and two rooms are let at £375 pcm.
* Generating an 11% yield!
* All 5 tenants are working professionals.
* The current landlord has applied for an hmo licence, however licences aren't transferable and any prospective buyers will need to apply for their own licence.
* The property was refurbished to a high standard towards the end of 2018 and includes new bathrooms, fire doors, new flooring, new kitchen and full smoke detection system throughout.

All rooms have been designed as luxury double bedrooms built to top quality specification.
Each bedroom has been tastefully decorated and has new carpet flooring and comes fully equipped with new; double bed, mattress and mattress protector, double wardrobe, bedside table, chest of drawers.
Each room has its own individual combination lock fitted to sleek newly fitted fire safe doors.
The kitchen is newly fitted with an integrated oven, plenty of cupboard and kitchen space for preparing food. All appliances such as kettle, toaster, microwave, and a fridge freezer are included. There is a brand new washing machine.
Complete with brand new furniture in all bedrooms, together with 350mb super-fast broadband.
Fully refurbished house including new communal bathrooms (x2), new communal dining kitchen complete with oven, washing machine, and fridge freezer. The kitchen also comes with a 43" smart TV, 2 seater sofa and a breakfast bar with stools, which allows tenants to integrate.
Outside, the house also benefits from a large garden.

Although the house is fully let, it's located well for employees of Rolls Royce, Bombardier, Pride Park or those requiring access to the A511 and A50.

EPC rating D