Duffield Road

Derby, DE1

Tenure: Freehold

INVESTMENT OPPORTUNITY, THIS HIGHLY APPEALING, CHARACTER, SIX-BEDROOMED MID-PALISADE RESIDENCE is ideal for investment landlords seeking a house of multiple occupation (HMO). Located within the Historic Strutts Park Conservation Area, with the additional benefit of parking spaces for multiple cars to the rear, and just minutes walking distance from the Cathedral Quarter (13), Derby University (19) and Derby City Centre (13). The property has undergone an extensive scheme of sympathetic refurbishment and restoration, retaining many character features while offering 'contemporary modern living'. Early internal inspection is highly recommended to fully appreciate the property, and IMMEDIATE VACANT POSSESSION is available. Benefits include gas central heating, UPVC double glazing, and full furnishings.

The accommodation briefly comprises:

• Front Entrance Porch
• Entrance Hall: 8.09m x 3.59m
• Bedroom 1: 3.57m x 4.17m
• Kitchen: 8.62m x 5.6m
• Boiler Room: 1.38m x 1.6m
• Bathroom 1: 1.61m x 1.53m
• Pantry (storage room ground floor): 1.66m x 1.73m
• First Floor Hall: 5.47m x 5.4m
• Bedroom 2: 2.3m x 3.09m
• Bathroom 2: 2.18m x 2.33m
• Bedroom 3: 3.79m x 3.14m
• Bedroom 4: 3.52m x 4.06m
• 2nd Floor Hall: 2.32m x 3.78m
• W.C.: 0.7m x 1.55m
• Bedroom 5: 4.84m x 2.93m
• Bedroom 6: 2.9m x 3.77m
• Cellar
• Parking for Multiple Cars at Rear of Property

This property, with its extensive accommodation and prime location, represents a fantastic opportunity for landlords to secure a high-yielding investment.

**The current HMO licence is up for review June 25 with a note that Bedroom 2 may need to be enlarged””

EPC rating: D. Council tax band: C, Tenure: Freehold,

Additional Information

Property has Gas combi boiler
HMO licence expires June 2025 (review note on HMO register due to one of the bedroom sizes)
Approx. yield of £29,592 per annum
Strutts Park conversation area
No flood risk
Ultrafast fibre available

Disclaimer

These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The
matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither Northwood nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property. We endeavor to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no
guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance.