17 bedroom House of Multiple Occupation in Derby
156, 158 and 158b Uttoxeter New Road, Derby, Derbyshire DE22 3JB
- Lot No: 33
- Property Type: House of Multiple Occupation
- Contract Type: Unconditional with Fixed Fee
Guide Price* £425,000+ plus fees
Property Description
A superb investment opportunity comprising of a block of 3x HMO properties offering a total of seventeen bedrooms and eleven en suite/shower rooms. The site comprises of 2x six bedroom HMO houses and a large five bedroom HMO apartment on the lower ground floor. Situated in a prime letting location for Derby University and also giving excellent access to Derby Royal Infirmary Hospital and the City Centre. Currently let out for the 2023-2024 academic year for a total of £73,200 inclusive per annum. 156 Uttoxeter New Road - six bedroom, three bathroom HMO let at £1,820 per calendar month/£21,840 per annum. 158 Uttoxeter New Road- six bedroom, three bathroom HMO let at £2,210 per calendar month/£26,520 per annum. 158b Uttoxeter New Road- large five bedroom HMO flat (all with en suite) let at £2,070 per calendar month/£24,840 per annum. The properties all benefits from gas central heating and UPVC double glazing and have parking to the front. They have an excellent rental history and have been consistently let out since 2010. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Council Tax Bands:
C, A, C.
Broadband:
Standard - 14 mbps, Superfast - 80 mbps, Ultrafast - 1000 mbps available.
Mobile Phone Coverage:
O2, EE, Three, Vodafone available.
Please note:
Please be advised that key information regarding Water supply, Electricity supply, Sewerage arrangements, Heating supply and Parking arrangements are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
Leasehold Information
Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Leasehold
Auction Details
Date 25th April 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454