**Standout Features:**
- **Investment Opportunity:** Currently utilized as a House in Multiple Occupation (HMO), generating approximately £24,000 annually with an impressive yield of 8.5% after bills.
- **Spacious Layout:** Five bedrooms, each with ensuite shower facilities, and versatile living spaces.
- **Modern Kitchen:** Light-filled, contemporary kitchen with integrated appliances, perfect for communal living.
- **Outdoor Space:** Paved patio and lawn area for relaxation and entertainment.
- **Freehold Tenure:** Ownership without the constraints of lease agreements.
- **Affordable Council Tax:** Budget-friendly rates.
**Concerns:**
- **Renovation Needed:** The property requires modernization to maximize its potential and appeal.
- **High Crime Rate:** Situated in a challenging neighborhood; prospective buyers should be mindful of safety concerns.
- **Deprivation Index:** Located in an area classified as "very deprived."
Situated in the heart of DE24, this Victorian end-terrace property presents an exciting opportunity for investors seeking a high-yield asset. With five bedrooms, all featuring ensuite bathrooms, this home caters well to a rental market. The modern kitchen creates a welcoming environment for tenants, while the outdoor space provides a perfect setting for relaxation—a rarity in city living.
While the property does require some modernization to reach its full potential, its current condition allows for immediate rental income. With affordable council tax and excellent broadband speeds, this property meets both investment needs and tenant expectations.
Don’t miss your chance to acquire this unique offering; it’s perfect for those looking to invest in property with growth potential in a well-connected area. Viewing is highly recommended to truly appreciate the space and opportunities this home provides.