Details

Dovedale House 73 Wilson Street, Derby DE1 1PL

OIRO £355,000

Aston Woolf are delighted to present this stunning 5 Bedroom HMO Investment Opportunity, located in Derby City Centre. This Grade II listed building has been fully renovated and provides top quality accommodation. It also has the potential for a sixth Bedroom.
Bedrooms

5

bedrooms

Bathrooms

2

bathrooms

Receptions

2

receptions

Features
  • EXCELLENT HMO INVESTMENT OPPORTUNITY
  • FULLY RENOVATED IMMACULATE GRADE II LISTED BUILDING
  • RENTAL POTENTIAL £39540.00 PA GROSS Offering yield of 11%
  • RETAINING MANY ORIGINAL FEATURES
  • FIVE BEDROOM HMO (POTENTIAL OF A 6TH BEDROOM)
  • COMMERCIAL OFFICES
  • 2 CAR PARKING SPACES
  • NO UPWARD CHAIN
  • EASY ACCESS TO DERBY CITY CENTRE, INTU SHOPPING CENTRE, DERBY UNIVERSITY, ROYAL DERBY HOSPITAL, AN
EPC
EPC
Description
Aston Woolf are delighted to present this stunning 5 Bedroom HMO Investment Opportunity, located in Derby City Centre. This Grade II listed building has been fully renovated and provides top quality accommodation. It also has the potential for a sixth Bedroom.

This immaculately renovated building offers very easy access to Derby University, Derby Royal Hospital, Intu Shopping Centre, Derby City Centre and Pride Park

The property contains 5 bedrooms, large open plan kitchen/dining room, large living room, 1 of the bedrooms has en-suite and there are two bathrooms. The property has for 2 car parking spaces with further permit parking available on street. The large living could be converted to a 6th bedroom (subject to necessary HMO/Planning Consent).

There are offices in the basement currently producing £6000 pa, which, subject to necessary planning consent, could be converted into either a large 1 bedroom flat or a 2 bed HMO property. This could potentially increase annual income to £13,200

Annual Income potential for this property, including rents from offices and rents from car parking spaces is IRO £39540.00

Tenure: Freehold

SUMMARY

This impressive and imposing Grade II listed building has just been renovated and provides a perfect high yield HMO investment opportunity.
The property occupies a prominent corner position at the intersection with Wilson Street and Green Lane which leads directly into the St. Peters quarter of Derby City Centre. The entrance to Intu Shopping Centre is just 0.2 miles to the west. The property benefits from excellent road links being situated less than 0.1 miles (0.16 km) from the inner ring road junction with Mercian Way (A601) and Lara Croft Way. Derby University, Royal Derby Hospital and Pride Park are all within easy travel distance.

Accommodation:

GROUND FLOOR
Entrance Lobby: 3.14m x 5.41m
Kitchen/Dining 4.76m x 5.36m
Living Room: 3.74m x 7.36m

FIRST FLOOR
Landing: 2.25 x 6.47m
Bedroom 1: 3.96m x 7.41m
Bedroom 2 (with en-suite): 4.02m x 4.7m
W/C Room
Bathroom: 1.48m x 3.92m

SECOND FLOOR
Bedroom 3: 4.29m x 6.18m
Bedroom 4: 4.04m x 5.08m
Bedroom 5: 2.74m x 4.01m
Bathroom: 2.26m x 3.17m

BASEMENT OFFICES
Hallway: 2.58m x 4.72m
Office 1: 4.7m x 5.9m
Office 2: 3.6m x 5.69m
W/C
Kitchen

VIEWINGS
To book your viewing, please contact Aston Woolf on 01159626958

These sales particulars have been prepared by Aston Woolf on the instruction of the vendor. Services, equipment and fittings mentioned in these particulars have NOT been tested, and as such, no warranties can be given. Prospective purchasers are advised to make their own enquiries regarding such matters.
Whilst Aston Woolf have taken care in obtaining internal measurements, they should only be regarded as approximate.

Purchaser information - Under the Protecting Against Money Laundering and the Proceeds of Crime Act 2002, Aston Woolf require any successful purchasers proceeding with a purchase to provide two forms of identification i.e. passport or photocard driving license and a recent utility bill.


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Floorplan
Floor Plan
Book a Viewing

If you are interested in viewing this property, please complete the following form:




Map

NOTE: These particulars are intended only as a guide to prospective Tenants to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way for any purpose whatsoever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the Agents nor the Vendors are to be or become under any liability or claim in respect of their contents. Any prospective Tenant must satisfy himself by inspection or otherwise as to the correctness of the particulars contained.





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