166 Uttoxeter New Road, Derby, Derbyshire, DE22 3JB
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Read more Read moreA leasehold property formerly used as a house of multiple occupancy (HMO), this six-bedroom property is located near The Royal Derby Hospital, providing convenient access to healthcare and transport links to Derby city centre. The property is currently vacant and was previously generating rental income of £519 per month per room, suggesting a potential yield of 11%. The layout includes multiple reception rooms, a fitted kitchen, and several shower/bathrooms, along with cellar and loft space that may be converted with the necessary planning permissions. Additional features include off-road parking, a sizeable garden, and gas central heating. The leasehold tenure expires in 2105, with an annual ground rent of £500. An administration charge of £3,600 including VAT is payable upon exchange of contracts. The property has an EPC rating of D.
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