Livingstone Road, Derby, Derbyshire

HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.

1 Livingstone Road, Derby, is a prime investment opportunity in the DE23 area, offering a fully tenanted 6-bed, 6-bath HMO designed by an experienced architect and managed locally for a hands-free investment. This well-maintained property caters to working professionals, ensuring consistent demand and strong rental yields.

Located in a vibrant community with excellent transport links and proximity to major employers like Rolls-Royce, Toyota, and the Royal Derby Hospital, this property is ideally situated for professional tenants. DE23 benefits from ongoing urban regeneration, enhancing the area's potential for capital appreciation. The property generates a gross annual income of £49,200, with a net income of £35,814, delivering a gross yield of 10.93% and a net yield of 7.96%, making it an attractive and secure addition to any investment portfolio.

Income Breakdown (Monthly):

Room 1: £600.00
Room 2: £700.00
Room 3: £700.00
Room 4: £650.00
Room 5: £700.00
Room 6: £750.00
Total Monthly Income: £4,100.00
Annual Income: £49,200.00

Expenditure Breakdown (Monthly):

Gas: £300.00
Electric: £160.00
Water: £50.00
Council Tax: £123.00
TV License: £12.50
Broadband: £40.00
Cleaner: £20.00
Management: £410.00
Total Monthly Expenditure: £1,115.50
Annual Expenditure: £13,386.00

Net Annual Income: £35,814.00 (calculated as Total Income - Total Expenditure)

Gross Yield: 10.93% (calculated as Annual Income / Sale Price)

Net Yield: 7.96% (calculated as Net Annual Income / Sale Price)

Commentary: The financial figures for the property at 1 Livingstone Road, Derby, DE23 6PR, indicate a gross yield of 10.93% and a net yield of 7.96%, showcasing its potential as a strong investment opportunity. The data assumes full occupancy and no unforeseen expenses, which could otherwise affect the net income and yield calculations.