**Standout Features:**
- 4-bedroom mid-terrace house, currently configured as an HMO
- Annual rental income of £18,460, fully tenanted with low void risk
- Modern fitted kitchen, spacious communal areas
- Potential to convert to a 5-bedroom HMO (subject to necessary consents)
- Convenient location near Derby city centre and local amenities
- Council Tax Band A for low expenses
**Concise Summary:**
This well-situated 4-bedroom mid-terrace house on Crompton Street is an excellent turnkey investment opportunity for landlords seeking immediate rental income. With a current annual income of £18,460 from reliable tenants, this property requires minimal management while providing promising returns. The interior features a modern fitted kitchen, four spacious bedrooms, and a communal bathroom, catering to the needs of professionals and students alike.
While the property is currently lettable, minor renovations can enhance its appeal and potential rental income, while plans to convert it into a 5-bedroom HMO offer exciting future prospects for boosting occupancy and yields. The property's location in Derby's vibrant city centre means residents enjoy easy access to urban amenities and transportation links, alongside exciting developments like the new Becketwell Arena.
Don't miss your chance to add this prime investment to your portfolio—its strong rental history and potential for value enhancement make it a standout option in a high-demand rental area.
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