Summary - Flat 1, 340, Uttoxeter New Road, DERBY DE22 3HS
8 bed 5 bath House Share
**Standout Features:**
- Investment opportunity with flexible leasehold options
- Sought-after location, only 700m from Royal Derby Hospital
- Certificate of Lawful Use for various potential purposes
- Spacious communal gardens, driveway, and parking
- Currently configured as shared accommodation (8 bedrooms, 5 bathrooms)
**Potential Concerns:**
- Shared ownership may limit complete autonomy
- High local crime rate
- Leasehold status may deter some buyers
Discover a unique investment opportunity in this versatile Victorian semi-detached house, configured as a shared accommodation with significant development potential. Located just 700 meters from the Royal Derby Hospital, this property is perfect for health professionals, students, or as a multi-tenant rental. It features two flats with a total of 8 bedrooms and 5 bathrooms, ensuring ample space for residents or renters.
The ground floor welcomes you with original parquet flooring and a beautiful stained-glass window, leading to a communal kitchen/living area and four lettable rooms, three of which boast en-suite facilities. The first floor retains its period charm, offering a roof terrace overlooking the serene communal garden, alongside four additional rooms.
This property is positioned in a multi-ethnic area with strong school options, including several rated 'Good' by Ofsted, making it a family-friendly investment. The potential for further development and the availability of freehold options add to its allure. With fast broadband and excellent mobile signal, this location is not only comfortable but also convenient for modern living. Despite high local crime rates, this property offers competitively low maintenance costs, further enhancing its investment appeal. Act quickly—opportunities like this don't last long!
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