Summary - 132 BRIGHTON ROAD ALVASTON DERBY DE24 8TA
6 bed 5 bath Terraced
**Standout Features:**
- 6-bedroom HMO with income potential: £37,000 gross per annum when fully tenanted
- Freehold property with Council Tax Band A
- Modern communal kitchen and living area
- Convenient garden space
- On-street parking available
**Potential Concerns:**
- Property requires modernization; previous photos show wear and tear
- Current condition may differ from earlier images as tenant turnover affects upkeep
- High crime area; underlines the need for security considerations
This Victorian terraced house on Brighton Road stands out as a prime investment opportunity for savvy buyers looking to enter the HMO market or expand their portfolio. Offering 6 bedrooms—the main five plus a studio with kitchenette—this property is strategically located near Pride Park, the City Centre, and major employers like Rolls-Royce. While it presents robust rental income potential, some modernization is needed to truly maximize its capabilities. You’ll appreciate the modern communal kitchen and living area, perfect for tenant comfort. The garden provides a bit of outdoor space for relaxation or gatherings, enhancing its appeal.
Despite being in a high-crime area and requiring some updates, the advantageous financial benefits and freehold tenure make this property worth considering. With two rooms currently vacant, there's room for immediate income generation, making this an exciting opportunity for both investors and builders wanting to add their personal touch. Don’t miss out—properties like this tend to go quickly!
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