5 bed terraced house for sale

Manchester Street, Derby, Derbyshire DE22

Exceptional Five-Bedroom HMO Investment Property On Manchester Street, Derby

Situated in the sought-after area of Manchester Street, Derby, this outstanding five-bedroom property presents a unique opportunity for investors, particularly those looking to expand their portfolio with a high-yield HMO investment. Currently achieving an exceptional yield of 11.56% and an annual income of circa £30,000, this property is ready-made for generating consistent rental income.

Designed for modern living, the property comprises five spacious double bedrooms, each benefiting from its own en-suite bathroom. One being a studio with useful kitchen. This rare feature ensures utmost convenience and privacy for tenants, making the property highly desirable for renters and reducing void periods to a minimum. Each room comes furnished to a high standard, offering a modern and stylish living environment that appeals to professional tenants or students alike.

The interior has been meticulously maintained and upgraded, ensuring a contemporary feel throughout. The communal kitchen area provides a comfortable space for tenants to cook and socialise, with the useful addition of the breakfast bar. Further enhancing the appeal of this property as a highly functional HMO. Additionally, the layout ensures ease of maintenance, which is a significant advantage for landlords. With a washing machine situated in the under stairs cupboard.

Situated in one of Derby’s most sought-after locations, the property benefits from excellent transport links, proximity to local amenities, and easy access to educational institutions and employment hubs. This prime location adds to the property’s investment potential, ensuring a continued demand from tenants.

The property’s strong market appeal, combined with its impressive yield and minimal void periods, make it an opportunity not to be overlooked.

Whether you are an experienced investor or new to the property market, this five-bedroom HMO offers a rare chance to secure a property that combines substantial rental income with low maintenance demands. Arrange your viewing today to avoid missing out on this exceptional investment opportunity.