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£1,375,000

(£1,375.00/sq. ft)

Property for sale

Bass Street, Derby DE22
1,000 sq. ft

£1,375,000

(£1,375.00/sq. ft)

Property for sale
Bass Street, Derby DE22

    • 1,000 sq. ft

  • EPC Rating: D

About this property

    Investment

    4 Freehold HMO Properties For Sale within an spv, all located within the central area of Derby

    Currently fully let and income producing

    Current Income £154,080 pa

    Reversionary Income £164,160 pa

    All properties are held within an spv thus considerable tax savings

    Located in good locations throughout Derby

    Continually increasing rents over the last 2-3 years

    Offers invited at £1,375,000

    Initial gross yield at 11.2% and reversionary yield at 11.93%

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