3 bed terraced house for sale

Crompton Street, Derby DE1

Three bedroom HMO - providing immediate income - additional loft room!

Ideally suited to the investor is this three bedroom professional house share located close to the city centre of Derby. Providing income from day one, this is an ideal turnkey investment.

This well-maintained 3-bedroom HMO with an additional loft room is offered to the market as a turnkey investment, ideal for investors seeking immediate rental income in a high-demand area.

The property is fully tenanted, generating consistent income, and features three generously sized bedrooms, a spacious communal kitchen, a well-appointed bathroom, and a converted loft room that provides valuable additional space.

While the property is already income-producing, light refurbishment is recommended to modernise key areas and further improve rental yield. Subject to the necessary consents, there is also potential to reconfigure the layout to formally create a fourth or even fifth bedroom, unlocking greater rental income and maximising return on investment.

Ground floor

hall

bedroom 1 11' 7" x 9' 6" (3.55m x 2.90m)

lounge 10' 9" x 14' 0" (3.28m x 4.27m)

kitchen 7' 10" x 9' 10" (2.39m x 3.01m)

lean to 6' 6" x 10' 6" (2.00m x 3.22m)

first floor

bedroom 1 9' 8" x 14' 7" (2.95m x 4.47m)

bedroom 3 11' 11" x 16' 2" (3.65m x 4.95m)

bathroom 7' 10" x 9' 10" (2.39m x 3.01m)

loft room 16' 0" x 12' 3" (4.90m x 3.74m)

the local area Located in the heart of Derby city centre, offers a mix of urban amenities, historic charm, and green spaces, making it a lively and convenient place to live. The area is well-serviced by local bus routes, with Derby Bus Station nearby, offering easy access around the city and to surrounding areas. The area is also home to the new Becketwell Arena and is a state of-the-art live entertainment venue set to transform the city's cultural landscape. The 3,500-capacity venue will host a diverse range of events, including concerts, comedy shows,
sports, and conferences. The arena is a cornerstone of Derby's urban revival, aiming to boost the local economy and solidify the city's status as a hub for entertainment and community events.