Uttoxeter New Road, Derby, Derbyshire, DE22 3JB

This property is currently under offer at £140,000. Anyone wishing to make an offer over and above this amount should contact the selling agents Leaders prior to the exchange of contracts.

Cash buyers only due to lease length. We have been advised that the property has approximately 79 years remaining on the lease. The vendor is currently investigating the lease extension process. Buyers are strongly advised to make their own enquiries regarding the lease and potential extension prior to viewing and/or making an offer. Buyers should obtain their own independent legal and financial advice and satisfy themselves fully as to the lease term, extension process, costs and mortgage ability before making any transactional decision.

This substantial six bedroom semi-detached property is located on the popular Uttoxeter New Road in Derby, offering convenient access to Derby City Centre, the Royal Derby Hospital, local amenities and excellent transport links. The area remains highly sought after by professionals and hospital staff, making the property particularly appealing to investors, while also offering scope for use as a large family home.

The property has previously been operated as a House in Multiple Occupation (HMO) and provides generous, flexible accommodation arranged to suit multi-occupancy living. The property is leasehold and is currently partially occupied, with two rooms let at present, offering immediate income potential for purchasers wishing to continue HMO use.

Internally, the accommodation includes a communal lounge providing shared living space, along with a communal kitchen and a separate utility room, offering practical facilities for multiple occupants. There are six well-proportioned bedrooms in total, two of which benefit from en-suite shower rooms. In addition, there are two further shared shower rooms located on the first floor, serving the remaining bedrooms and enhancing the functionality of the layout.

Externally, the property benefits from a small, low-maintenance garden to the rear. To the front of the property there is off-road parking available for two vehicles, a valuable feature for a property of this type and location.

Overall, this is a sizeable and versatile property offering strong investment potential in a well-connected area of Derby, with the added benefit of existing occupancy and facilities already suited to HMO use. Early viewing is highly recommended and strictly by appointment only.