House of Multiple Occupation for auction in Derby

Property Description

Property Features

• High yielding freehold investment property
• Imposing residence divided in four self contained one bed flats
• Combined gross rental income of £20,280 per annum
• Some flats have significant scope for rental increases
• Conveniently positioned for the city centre & Derbion Shopping Centre
• An impressive 12% return based on the guide price
• Short commute to the Royal Derby Hospital
• EPC Rating: Flat 1 TBC Flat 2 E Flat 3 TBC Flat 4 TBC