Auction

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Auction

1/13

£400,000

Guide Price

10 bed house for sale Stockbrook Road, Derby, DE22

10 beds 10 baths Terraced House

For sale by auction Tenure: ask agent

Added yesterday

About this property

Please Quote Reference RW1490 Originally built in 1900, this residence has been thoughtfully adapted to function as a House in Multiple Occupation (HMO), making it an ideal choice for investors seeking a reliable income stream. The property is fully tenanted and comes fully furnished, allowing for a seamless transition for new owners. The two reception rooms provide ample space for communal living, fostering a welcoming atmosphere for residents.

Key features

Please Quote Reference RW1490
Tenanted HMO For Sale
10 Bedrooms
2 Kitchen/Diners - One On Each Floor
Built in 1900, period charm
Gross Yield 16.3% (Annual Rent £61,020)
Recently Refurbished
10 En-Suites (Showers)
Mid terrace house, 2,478 sq ft
Ideal investment opportunity

Floorplan

Energy performance

D 63

Current

Potential

92+

81-91

69-80

73 C

55-68

63 D

39-54

21-38

1-20

This home is rated band D, scoring 63 out of 100. The average British home is band D. Its certificate says it could reach band C (73) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Location

Stockbrook Road, Derby, DE22

Open map Street View

Council tax band: B

Mortgage and stamp duty

Property price £400,000

£200k £600k

Deposit10% £40,000

£0 £400k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £360,000 mortgage. Most lenders would want a household income of about £80,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.