13 bedroom house in Renals Street, Derby

Description

Readymade and Income Producing 13 Bedroom HMO

Renals Street, Derby, DE23 6SJ

Purchase Price = £475,000

Finder¢--s Fee = £9,500 + Vat

Current Gross Income = £5,286 pcm = £63,432 per annum

CASHFLOW AFTER ALL THE ABOVE COSTS

Managed = £2,619 pcm = £31,428 per annum

Self Managed = £3,253 pcm = £39,036 per annum

For a limited time only, we have managed to secure a readymade and income producing thirteen bedroom HMO within close proximity to Derby City Centre.

The property has spacious floor plan that comprises two double bedrooms, two dining kitchens, bathroom shower, laundry area, and large communal lounge on the ground floor. There are seven generous bedrooms on the first floor, and four further good sized bedrooms on the second floor.

The property is conveniently situated in a location within proximity to great transportation links and City Centre, local shops, and all local amenities the city has to offer.
Agent: Property Investor App Limited
Agent Ref: 000061020_141

Ad ID: 1427124408