St. Chads Road, Derby, Derbyshire, DE23

Sold with vacant possession - Please message for updated photos

Set up as a fully furnished 4 double bedroom HMO with 3 ensuites, this is perfect for the first time buyer who can take on lodgers to pay all their mortgage and bills!

The property can also be tenanted to generate a gross rental income of £20,800pa or 13% yield at the guide price.

Full electrical system, Grade A LD1 fire system, double glazed windows and doors, kitchen, 4 bathrooms (3 ensuite), damp proof course, new boiler and CHS all fitted within the last 5 years.

Sign off certificates for HMO conversion are included and the property has been surveyed to have a potential dormer conversion giving 6 bedrooms and a valuation exceeding £270,000.

In a popular, convenient location with plenty of living space, this flexible property is a great opportunity for investors, or those looking for a bit more room.

Spread out two floors and with the addition of a cellar, there is plenty of room in this property. The ground floor consists of an entrance hall, a modern kitchen with plenty of storage and counter space, a bathroom, and two reception rooms, one of which is currently being used as a bedroom that utilises the bathroom as an en suite. The cellar is an amazing storage space that has great potential. On the top floor, there are three bedrooms, two of which have en suites, and an additional bathroom.

The accessible attic provides an additional useful space for storage.

The house is situated within walking distance of an array of local amenities such as shops, restaurants, and schools and it has great transport links.