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Gower Street, Derby

£295,000

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Full Description

** PREMIER PROPERTY – INVESTMENT OPPORTUNITY ** A fantastic opportunity arises for an investor to purchase is this five bedroom mid-terraced property, currently being sold as an HMO with all tenants in situ. Located in the heart of Derby City Centre, the property has a potential gross yearly earning of £31,980 (Including bills) and was refurbished to a good standard in 2023.

In brief, the accommodation comprises: Entrance hall with Minton flooring; communal lounge; fitted communal kitchen/diner; ground floor double bedroom; access to a spacious and usable cellar. First floor galleried landing; two double bedrooms; communal laundry room; shower room; separate bathroom having a four-piece suite. Second floor landing; two double bedrooms.

Outside, to the front of the property are steps leading to the front door and a tunnelled passageway leading underneath the property giving access to the rear for bin access and cellar. There is a low maintenance, private, enclosed rear garden with patio area, gravel beds and walled boundaries.

Gower Street is extremely convenient for a variety of local amenities within the City Centre, including high street shopping with the Derbion Shopping Centre close by, together with bars, restaurants, gyms, Velodrome, regular bus services and access to the train station.

Internal viewings are highly recommended to fully appreciate the size and standard of the accommodation and the location of the property on offer.
All Five Bedrooms Currently Let As An HMO
Potential Yearly Earning of £31,980 Including Bills
EPC Rating D
Council Tax Band C
Freehold
On-Street Permit Parking & Pay-And-Display Parking

Entrance Hall 21' 2'' x 5' 8'' (6.45m x 1.73m)

Communal Lounge 15' 7'' x 12' 0'' (4.75m x 3.66m)

Ground Floor Bedroom 14' 4'' x 12' 1'' (4.37m x 3.68m)

Communal Kitchen/Diner 12' 0'' x 10' 7'' (3.66m x 3.23m)

First Floor Landing 10' 0'' x 4' 11'' (3.05m x 1.50m)

Bedroom 14' 3'' x 12' 2'' (4.34m x 3.71m)

Bedroom 12' 4'' x 12' 0'' (3.76m x 3.66m)

Communal Laundry Room 8' 9'' x 7' 8'' (2.67m x 2.34m)

Bathroom 11' 6'' x 5' 8'' (3.51m x 1.73m)

Shower Room 7' 9'' x 6' 1'' (2.36m x 1.85m)

Second Floor Landing 7' 8'' x 2' 8'' (2.34m x 0.81m)

Bedroom 13' 10'' x 9' 1'' (4.22m x 2.77m)

Bedroom 10' 10'' x 10' 2'' (3.30m x 3.10m)

Virtual Tour

Referral Fees

We recommend our preferred partner law firms who are solicitors selected by Us for their experience and efficiency in providing conveyancing services. We receive a referral fee of £175 per completed transaction. They are independent professionals upon whom You can rely for independent and confidential advice. Their conveyancing charges are available on request. We recommend our preferred partner Mortgage intermediaries who are mortgage specialists available to provide you with the advice you need and who will take care of everything from explaining options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. We receive a referral fee of approximately £350 per completed transaction. We recommend our preferred partner Insurance Company who provide Buildings and Contents Insurance. We receive a referral fee of approximately £25 per completed transaction. We recommend our preferred partner Removal Company for home removals. We receive a referral fee of £50 per completed transaction. Prospective purchasers are NOT obliged to use our preferred partner services.