Warwick Street, Derby, DE24 8WN

Situated on Warwick Street, this end of terrace property presents a fantastic opportunity for investors seeking a House in Multiple Occupation (HMO) with excellent potential to add value and personalise to their own specification.

With permission granted for use as a 4-bedroom HMO, the property offers a versatile layout that could suit a variety of investment strategies.

Currently arranged to provide generous accommodation across three floors, the property is well-suited for those looking to maximise rental yield while putting their own stamp on the finish and presentation.

The ground floor briefly comprises a well-proportioned front bedroom complete with its own ensuite.

To the rear, there is an open plan lounge and kitchen area, creating a sociable communal space for tenants, alongside a separate utility room and a convenient ground floor WC.

To the first floor, there are three further bedrooms, each designed to benefit from their own ensuite facilities, providing comfort and privacy for occupants.

The second floor hosts an additional fifth bedroom, also with an ensuite.

It should be noted that while the property is currently arranged with five bedrooms, the existing HMO licence permits the use of four bedrooms, offering flexibility for reconfiguration or compliance depending on the buyer’s requirements.

Importantly, the property is offered in a “blank canvas” condition.

Plumbing and electrical wiring have been installed throughout to accommodate the intended layout, including ensuite facilities to each bedroom; however, fittings, fixtures, and final connections are not currently in place.

As such, none of the bathrooms, kitchen, or services are fully operational at this time.

This provides an ideal opportunity for purchasers to complete the works to their own standard and specification, but should be considered a full finishing project.

Externally, the property enjoys a typical end of terrace position, and its location is a key highlight.

Warwick Street is ideally placed for easy access to Derby city centre, placing a wide range of shops, amenities, and leisure facilities within close reach.

The area is also well-served by public transport links, making it an attractive option for tenants.

Overall, this is an excellent investment opportunity with strong income potential, significant scope for improvement, and a highly convenient location.

Early viewing is highly recommended to fully appreciate the possibilities on offer.

Entrance Hall   17'7" x 3'2" (5.37m x 0.98m) Accessed via the double glazed front entrance door, piping for a radiator, stairs leading to the first floor and doors leading to: Bedroom One   12'9" x 10'11" (3.89m x 3.35m) Having a double glazed window to the front elevation and door to the ensuite.

Ensuite 1   3'1" x 6'5" (0.96m x 1.96m) Having a double glazed window to the side elevation and plumbing for a shower, wash hand basin and WC.

Ensuite 2   Having a shower tray and plumbing for a wash hand basin, WC and a double glazed window to the rear elevation.

Ensuite 3   3'6" x 7'4" (1.09m x 2.25m) Having plumbing for the shower, wash hand basin and WC.

Ensuite 4   4'1" x 6'3" (1.26m x 1.91m) Having plumbing for a wash hand basin, WC and shower enclosure.

Ensuite 5   5'6" x 5'1" (1.70m x 1.56m) Having plumbing for a shower enclose, wash hand basin and WC.

Lounge   11'5" x 12'11" (3.50m x 3.94m) Having a door leading to the basement and entrance opening into the kitchen Kitchen   7'8" x 14'6" (2.34m x 4.42m) Having a double glazed window to the rear elevation with an entrance to the utility room.

Utility Room   5'5" x 4'7" (1.67m x 1.40m) Having a double glazed door to the side elevation and door to the ground floor WC. Separate WC   Having plumbing for a WC and wash hand basin.

Landing   12'11" x 5'10" (3.94m x 1.78m) Having stairs leading to the second floor and doors leading to: Bedroom 1   10'10" x 7'8" (3.32m x 2.34m) Having a double glazed window to the rear elevation and a door to the ensuite Bedroom 2   8'6" x 8'8" (2.61m x 2.66m) Having a single glazed window to the side elevation and door to the ensuite.

Bedroom 3   14'6" x 12'8" (4.42m x 3.87m) Having a double glazed window to the front elevation and entrance into the ensuite.

Second floor Bedroom   10'9" x 11'10" (3.29m x 3.62m) Having a double glazed window, access to storage in the eaves and entrance to the ensuite.

Disclaimer   haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.

If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.

We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.