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£395,000
Curzon Street, Derby, DE1
- 8 beds
£395,000
- 8 beds
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** Twin HMO In The Heart Of Derby **
* Originally two period properties now combined to produce this impressive HMO rental property.
* 8 Bedrooms with two separate fitted kitchens.
* Modernised and improved interior accommodation.
* A mix of Student and private let rooms. EPC rating D & D
* Estimated Annual Yield Before costs and expenses of 10%
The Accommodation
The property is split into two areas Number 85 and 87 Curzon Street, and are advertised independently a private room lets in 85 and private room lets in 87.85 Curzon Street Accommodation. 3 bedrooms1 Bathroom1 kitchen & open plan loungeAll recently refurbished within past 3/4 yearsCondition high standard, highly desirable 3 bedroom student property, which lets out regularly with ease. 1 bedroom, slightly smaller than the others and two generous double bedrooms. There is no external space or parking facilities.87 Curzon Street5 bedrooms (decorated within past 3/4 years)2 Bathrooms1 Lounge/dinner1 separate kitchenExternal rear enclosed gardenThere is no parking facilities.Both properties run off of one set of meters, boiler and electrics.
Agreed Income From Rental 2023 -2024
The property has been LET for the following year.85 Curzon Street Let rooms @ ?115.00 per person per week INC (utilities Gas, Electric and Water) with wifi contribution.TOTAL ON 85: ?17,940 per year (INC utilities and Internet) 87 Curzon Street Individual room lets (INC utilities and Internet), Company Let.Rooms 1 -5 ?1,830 per calendar monthTOTAL ON 87: ?1,830 PER MONTH ( ?21,960 per year) (INC utilities and Internet) POTENTIAL COMBINE INCOME FOR 2023-2024 ?39,900 (This will exclude ongoing costs to landlord of utilities and internet).Whilst every effort has been made to give the intending purchaser the above predicted income for the year, this can of course change, and Nicholas Humphreys offer no guarantees that rent will be paid.
Draft details awaiting vendor approval and subject to change.
EPC for 85 Curzon Street Rating D
EPC for 87 Curzon Street Rating D
Council Tax
85 Curzon Street has a council tax band A87 Curzon Street has a council tax band C
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