Terraced house for sale in Syndicated Property Investment, Derby DE13
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Share of freehold
- Income Generating Investment opportunity
- Government backed rental
- No voids periods or General maintenance
- Hands off investment
- No bills to pay
Property description
kb Roman are pleased to present a sizeable end terraced property.
The property benefits from 9 large double bedrooms that have all been recently refurbished to HMO specification and holds a valid HMO license. Approached through an entrance hallway, bedroom 1,2 and 3 are located on the ground floor, large double bedrooms comprising all bedroom furniture; (wardrobe, draws, bed, bedside table). The ground floor hallway leads to a separate living room and two spacious kitchens, both benefiting from full kitchen appliances (cooker and hob, extractor, washing machine, sink) the kitchen leads on to the rear access to the garden and a downstairs WC and shower room. Upstairs, the hallway leads off to 3 sizeable double bedrooms and a main bathroom comprising of a toilet, basin and shower in addition to a separate WC. The third floor (loft space) has been converted into 3 spacious double bedrooms with full ceiling height.
Tenure
The property is let on a 5 year Fri lease under a Housing Association providing much needed social housing provision in the area. Each investor will receive a monthly rent in respect of their initial investment as outlined in the chart above.
Structure
We are advised the property is available to purchase via a syndicated investment structure that allows qualified prospective investors an opportunity to gain 5 times their usual buying power and benefit from strong returns whilst limiting their initial capital outlay. For further information on this structure please speak to a member of our investment sales team.
Please note: This property investment opportunity is only accessible for approved investors and eligibility is required to be confirmed prior to offering any investment to prospective investors. This is a cash only investment with no loans or mortgages applicable.
Please note: Images have been used for promotional purposes only.
For more information about this property, please contact
Property Market, B3 on +44 20 8115 3550 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Property Market, and do not constitute property particulars. Please contact Property Market 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.