5 bedroom House of Multiple Occupation in Derby
12 Reginald Street, Derby, DE23 8FR
- Lot No: 94
- Property Type: House of Multiple Occupation
- Contract Type: Unconditional with Fixed Fee
Guide Price* £235,000+ plus fees
Property Description
Full HMO Licence and fully compliant. The property has a great letting history and is offered part let, part vacant at £22,800 per annum. Room two is currently vacant and advertised to let. Once fully let the income would be £28,500 per annum. A yield of over 12% at the current guide price. The property is in excellent order and benefits from gas central heating and uPVC double glazing. The kitchens and bathrooms are finished to a high specification and it has tasteful décor and flooring throughout. A ready made, low maintenance investment with income from day one.
GROUND FLOOR:
Reception Hallway Communal Dining Kitchen Bedroom One with En-suite Bedroom Two with En-suite
FIRST FLOOR:
Landing Bedroom Three with En-suite Bedroom Four with En-suite Bedroom Five with Ensuite
OUTSIDE:
Small fore garden. Well maintained, enclosed, rear garden with patio.
Tenure
Freehold
Auction Details
Date 18th December 2020
Venue National Property Auction
The National Property Auction will be conducted behind closed doors by auctioneers Andrew Parker and Graham Penny. The auction will be live-streamed online with remote bidding only. Registration for bidding will close at 12pm the day before the auction.
Lot Information
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