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10 bedroom detached house for sale
Swinburne Street, Derby, Derbyshire DE1
£500,000
Swinburne Street, Derby, Derbyshire DE1
£500,000
Our Summary
- Established and licensed nine room HMO in the city centre generating an annual gross income of £49,320 which comes with the additional bonus of further potential development of a large existing outbuilding which is currently a garage, meeting hall and store room but could potentially become an additional rooms or flats (subject to planning)
- Estabished investment opportunity
- Outbuilding with potential for development
Description
This substantial and impressive double-fronted detached house is an established and licensed nine-room HMO in the city centre, generating an annual gross income of £49,320. The property offers over 2900 square feet of accommodation across three floors, including ten bedrooms, two kitchens, three bathrooms, a conservatory, and a basement reception room. The property also benefits from a large outbuilding, currently used as a garage, meeting hall, and store room, which has potential for further development into additional rooms or flats (subject to planning). With its impressive size, generous living spaces, and lucrative rental income, this property is an attractive opportunity for investors or those looking for a large family home.