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7 bed terraced house
Swinburne Street, Derby DE1
£650,000
Freehold
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The property is a freehold HMO (House in Multiple Occupation) with 7 bedrooms, currently generating an annual rental income of approximately £50,000. The property is located in a well-established rental location close to Derby city centre, with approved planning permission for conversion to a 7-bedroom HMO. Further value creation is possible, with potential to increase the accommodation to 10 bedrooms subject to obtaining the necessary planning permission, effectively doubling the rental income.