Residential Investment Opportunity for Auction Derby DE22

A six bedroom semi-detached HMO, offered with no forward chain and tenants in situ – an immediate, income-producing opportunity. An ideal addition to any buy-to-let portfolio, with an annual rental income of £34,200, with scope to increase. The existing HMO licence is not transferable and the purchaser will be required to apply for a new licence. The accommodation is arranged over four floors. On the ground floor there is a spacious lounge, a fitted kitchen and one bedroom. The first floor provides a further bedroom together with two shower rooms. The second floor offers three additional bedrooms, and the third floor contains the sixth bedroom. Externally, the property benefits from an enclosed rear garden and a front driveway providing off-road parking. Situated close to a wide range of amenities.