Commercial property for sale in Bass Street, Derby DE22
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Property description
Investment
4 Freehold HMO Properties For Sale within an spv, all located within the central area of Derby
Currently fully let and income producing
Current Income £148,620 pa
Reversionary Income £164,160 pa
All properties are held within an spv thus considerable tax savings
Good locations throughout Derby
A number of rents have been recently increased - full details available
Offers invited at £1,500,000 to show an initial yield of 9.9% and a reversionary yield of 10.59% before tax saving and costs
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
FHP, NG1 on +44 115 774 9117 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by FHP, and do not constitute property particulars. Please contact FHP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.