£215,000

Severn Street, Alvaston DE24

£215,000

5 Bedroom Semi-Detached House For Sale

Severn Street, Alvaston DE24


Key features

  • Five bed HMO
  • Fantastic investment opportunity
  • Finished to a high standard
  • Code locks throughout
  • Three en suite bedrooms
  • On Street parking
  • Popular location
  • Potential yield above 10%

Currently producing a rental income of £22,860 per annum, which would work out as an investment yield of 10.6%, this five bedroom mid-terraced property is a functioning HMO at 100% occupancy. This gives a potential investment yield of 10.5%. The property is maintained to a high standard, having recently been modernised, and benefits from five double lettable rooms, all of which are en suite bedrooms, as well as communal lounge and kitchen area.

Situated perfectly just off London Road, the property benefits from being within easy access of excellent transport links, such as Derby Station and the city's bus station. Close to local shops, pubs, takeaways and Pride Park, this is an ideal spot for working professional tenants. 

KITCHEN/DINER 11' 10" x 10' 11" (3.63m x 3.33m)  

BEDROOM FOUR 17' 3" x 8' 6" (5.28m x 2.60m)  

ENSUITE 5' 3" x 4' 9" (1.61m x 1.45m)  

BEDROOM FIVE 11' 11" x 8' 10" (3.65m x 2.71m)  

ENSUITE 5' 4" x 5' 2" (1.65m x 1.58m)  

BEDROOM ONE 10' 11" x 8' 11" (3.35m x 2.74m)  

ENSUITE 8' 11" x 4' 4" (2.74m x 1.33m)  

BEDROOM TWO 11' 10" x 9' 7" (3.62m x 2.94m)  

BEDROOM THREE 11' 10" x 11' 8" (3.63m x 3.56m)  

BATHROOM 6' 1" x 5' 2" (1.86m x 1.58m)  

Book a viewing

Contact Martin & Co Derby

  • 15 St. James Street
  • Derby
  • DE1 1RF

Call 01332 650068

derby@martinco.com

Contact us now