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    Breedon Hill Road

    £300,000

    65
    Map

    Property Calculators

    Property Value (ÂŁ)
    Deposit (ÂŁ) 10.00%
    Duration (Years)
    Interest Rate (%)

    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ1,388 /mo.
    25 Years, 3.75% Interest
    Loan
    ÂŁ270,000
    Total Repay
    ÂŁ416,446

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ5,000
    0% up to ÂŁ125,000
    2% from ÂŁ125,000 to ÂŁ250,000
    5% from ÂŁ250,000 to ÂŁ300,000
    Your effective stamp duty rate is 1.67%

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    Contact  

    536 Burton Road
    Littleover
    Derby
    England
    DE23 6FN
    T: 01332 202520
    E: info@propertyoptions.co.uk

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    £300,000

    Semi-detached house

    Breedon Hill Road

    6 Bedrooms5 Bathrooms

    Key Information

    Tenure:Not available
    Council tax band:C
    Broadband:up to 1000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Central Location
    En suite
    Fitted Kitchen
    Gas central heating
    Laminate Flooring
    Spacious property

    Description

    **HMO PROPERTY**FULLY LET**INCOME PRODUCING**GUARANTEED INCOME AVAILABLE**FREE HOLD INVESTMENT**HIGH YIELD**GOING CONCERN**INVESTMENT PROPERTY**

    Six-Bedroom HMO Investment Opportunity in Derby

    Prime Location and Steady Income Stream

    This six-bedroom HMO (House of Multiple Occupancy) on Breedon Hill Road, Derby, offers an excellent investment opportunity with a proven track record of rental income.

    Key Features:

    Strong Rental Income: Currently tenanted, generating ÂŁ34,400 per annum.
    Large Double Rooms: Six spacious double rooms provide ample accommodation for tenants.
    Prime Location: Situated on a popular street for landlords, ensuring a steady demand for tenants.
    HMO License: The property already has an HMO license in place.

    Rental Details:

    Current Rental Income: ÂŁ2870 per month (ÂŁ34,400 per year)
    Room Rates:

    Room 1: ÂŁ550
    Room 2: ÂŁ550
    Room 3: ÂŁ525
    Room 4: £450 
    Room 5: £395 
    Room 6: ÂŁ400 (increasing to ÂŁ550 after 6 months)

    Tenancies: All rooms are let on an AST (Assured Shorthold Tenancy) basis of 6-12 months.
    Inclusive of Bills: Rent includes all bills for convenience.

    Investment Highlights:

    Steady Income: The property offers a reliable income stream due to its prime location and strong demand for rental accommodation.
    HMO License: The existing HMO license simplifies management and ensures compliance with regulations.
    Potential for Value Appreciation: Properties in Derby have shown growth potential, making this investment attractive for long-term returns.

    Price:

    Offers in excess of ÂŁ300,000 are invited. The property is sold freehold subject to the existing tenancies.

    Don't miss out on this fantastic investment opportunity! Contact Property Options Estate Agents to schedule a viewing and learn more.

    Notice
    Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

    ****ATTENTION LANDLORDS!!! *** 8% FULLY MANAGED****
    Property Options Estate Agents also offer a professional Property MANAGEMENT service.  If  you are thinking of letting or just simply need some advice or help with your buy to let property please call the Lettings Team or just drop us an email we can call you back.  

    Additional Notices:

    Identification Requirements: Intending purchasers must provide identification documents at a later stage to ensure a smooth sales process. Your cooperation is appreciated.
    Offer Disclaimer: The details provided do not constitute, in whole or in part, an offer or contract.
    Measurements: All measurements are provided for guidance only and should not be regarded as accurate. Buyers are encouraged to recheck measurements before incurring any expenses.
    Appliances and Services: Property Options has not tested any apparatus, equipment, fixtures, fittings, or services. Buyers are responsible for verifying their functionality.
    Legal Title Verification: Property Options has not verified the legal title of the property. Buyers should obtain verification from their solicitor.

    Derby St Chad's CofE Nursery and Infant School
    (0.15 miles)
    Good
    Number of pupils: 117
    Age Range: 3 - 7
    St Joseph's Catholic Voluntary Academy
    (0.3 miles)
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    Number of pupils: 378
    Age Range: 4 - 11
    Firs Primary School
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    Dale Community Primary School
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    Number of pupils: 541
    Age Range: 5 - 11
    Arboretum Primary School
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    Number of pupils: 630
    Age Range: 2 - 11
    Hardwick Primary School
    (0.39 miles)
    Outstanding
    Number of pupils: 580
    Age Range: 3 - 11
    Bishop Lonsdale Church of England Primary School and Nursery
    (0.41 miles)
    Good
    Number of pupils: 217
    Age Range: 3 - 11
    Becket Primary School
    (0.55 miles)
    Good
    Number of pupils: 231
    Age Range: 3 - 11
    St James' Church of England Aided Infant School
    (0.56 miles)
    Good
    Number of pupils: 91
    Age Range: 2 - 7
    St James' Church of England Aided Junior School
    (0.68 miles)
    Good
    Number of pupils: 300
    Age Range: 7 - 11